Apache is functioning normally

July 23, 2024 by Brett Tams

Aura, like other identity theft protection services, pledges to keep your personal and financial information safe with capabilities like credit report monitoring — for a price.

While there are things you can do yourself to protect your credit and identity, often for free, the Aura app may be valuable if you prefer a hands-off approach or are looking for additional features like antivirus software.

Here’s what to know about Aura and how much the service costs.

What does Aura do?

Aura’s long list of features covers basics like credit monitoring, data breach alerts and identity theft insurance. The app — available for mobile and desktop devices — also scans the web for uses of your financial and personal information and includes other security features like a U.S.-based virtual private network, or VPN, an Experian credit lock and access to an expert fraud resolution team.

The credit lock doesn’t block others from accessing your credit files at the other two major credit bureaus, Equifax and TransUnion.

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How much does Aura cost?

Aura currently offers three plans with identity and fraud protection, starting at $15 per month or $144 per year (you choose whether to be billed monthly or annually). Aura offers a free 14-day trial for all plans and a 60-day money back guarantee on annual plans.

Here’s how the cost breaks down for Aura’s plans:

Individual

$144 annually ($12 per month).
$15 monthly.

$264 annually ($22 per month).
$29 monthly.

$384 annually ($32 per month).
$50 monthly.

Is Aura worth the price?

As with other services, Aura’s approach to identity theft is more reactive than proactive. You may consider paying for an Aura plan if you’ve already been the victim of identity theft and want to monitor how your information is being used. It can also be helpful if you want to step up online protection for a large number of family members. The family plan supports an unlimited number of children and devices, something many competitors don’t match.

Aura’s individual plans are less expensive than similar plans from competitors like LifeLock and IdentityForce. And if you were already considering paying for a credit lock with Experian’s CreditLock service, which costs $24.99 a month, Aura’s individual plan would save you money.

But freezing your credit and monitoring your reports on your own is free. You may also have identity theft protection or restoration services available through your bank or insurance company, or as a result of a previous data breach. See if you’re already entitled to cheaper or free resources before purchasing a separate service like Aura.

Aura pros

Aura offers insurance up to $1 million per adult to cover losses and expenses related to identity theft. Highlights also include:

Monitors credit data at all three major credit bureaus, Equifax, Experian and TransUnion, and offers an Experian credit lock.
Provides VPN, antivirus software, safe web browsing and a password manager for multiple devices.
Monitors your financial accounts, home and auto titles, and the dark web.
The family plan allows up to five adults, plus an unlimited number of kids and devices. Competitor plans typically have more restrictions.

Aura’s family plan also adds benefits like online parental controls, video game monitoring and local sex offender alerts.

Aura cons

Aura’s insurance coverage doesn’t apply to preexisting identity theft. Other potential drawbacks:

Does not monitor social media accounts.
Some features aren’t compatible with all devices.
Some users have reported difficulties using the app or staying connected to the VPN.
If you decide to cancel an annual plan after 60 days, you’ll still have to pay for the rest of the year.

Weigh the pros and cons carefully. Signing up for a free 14-day trial is a good way to test whether Aura is right for you.

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Source: nerdwallet.com

Apache is functioning normally

July 15, 2024 by Brett Tams

Credit card scams have been well publicized in recent years, but you may not be aware of the uptick in debit card scams. According to FICO®, the total number of compromised debit cards in 2023 was up 96% over the last year surveyed, and more than 315,000 cards were impacted.

Whether swiping your debit card in person or while shopping online, you’ll want to be vigilant. Here, learn the ins and outs of debit card fraud, plus how to protect yourself.

What Is Debit Card Fraud?

Debit card fraud occurs when an unauthorized third-party or individual uses your debit card to take out cash or make purchases without your permission. Scammers can use sensitive financial details — your card number, PIN, CVV code, and expiration date — to make purchases that drain your bank account.

If left undetected, debit card fraud could potentially wipe out your bank balance. You’ll need to go through a process to dispute the charges and/or withdrawals to try to get your money back.

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Common Debit Card Fraud Tactics

Debit card scams can take many forms. Here are some of the most common types of debit card fraud.

Skimming Devices

Fraudsters install skimming devices on ATMs and payment terminals. These devices can look as if they are simply part of the machine; they fit over the slot where your card usually goes. If you unwittingly insert your debit card, the skimmer can scan the microchip on your card. Your card’s details can then be downloaded, stored, and used without authorization. Skimming can happen at any payment terminal, but it tends to be most common at gas station pumps and ATMs.

Phishing Scams

A phishing scam occurs when scammers create fake sites, and/or send bogus emails or text messages in hopes of luring you to reveal your debit card details. Then, your financial credentials can be used by criminals.

These fraudsters often pretend to be an individual or company with a too-good-to-be-true offer or an urgent situation that spurs you to take action. For instance, they might offer a new laptop at a remarkably low price, or they could tell you your bank account has been compromised and you need to update your credentials immediately.

The goal is to get you to click on a fake site and input your debit card information. While less common, you might get a phone call with an offer that requires your card info on the spot.

Card Theft

Another common way fraudsters can use your debit card to make purchases or take out cash is to steal your physical card. Once they have their hands on your card, they might try to guess your PIN by taking a stab at what your PIN might be — for instance, your birth year. (This information may also be gleaned from social media accounts or the dark web once they have your name.)

Scammers might also figure out your PIN by “shoulder surfing” or subtly peering over your shoulder as you punch in your PIN at an ATM. Once they have that information, they could steal your card and use it to empty your checking account.

Recommended: When Were Debit Cards Invented?

Preventing Debit Card Fraud

Here are steps you can take to safeguard your personal and financial card data from would-be thieves:

Secure Your Card

You can secure your card by signing the back of your debit card, keeping your PIN private, and changing your PIN regularly.

You might also want to consider using a credit card for online purchases and when paying for gas at the pump. Credit cards typically have greater fraud protection than debit cards.

Monitor Accounts Regularly

By monitoring your accounts, you can spot any suspicious debit card activity more quickly. For instance, set text or email alerts for debit card transactions and aim to check recent activity through your bank’s mobile app.

Many people find checking their bank accounts once or even a few times a week is a wise move. It’s also a good idea to comb through your recent banking statements for anything that seems out-of-the-ordinary, such as:

• Purchases you didn’t make, including micro payments of a dollar or so

• Unauthorized big-ticket transactions

• Multiple purchases from the same store you didn’t authorize

Use Chip Cards and Digital Wallets

Chip cards use EMV technology, which involves a tiny embedded computer chip that makes it harder for fraudsters to skim and access your debit card’s details. They can be less susceptible to fraudulent activity than those with the standard magnetic strip.

Digital wallets have greater protections, too. They employ security features such as encryption and tokenization, which add a wall of protection against fraudsters trying to access your card data. Additionally, because digital wallets are stored on your phone, they’re usually safeguarded by biometric screening, multi-factor authentication, and passwords.

What To Do if Fraud Occurs

Should you fall victim to hackers, know that it can (and does) happen to anyone. With more sophisticated tactics and greater technology, fraudsters are getting better at finding ways to snag your debit card data. Here’s what to do should you find yourself a victim of debit card fraud.

Report It Immediately

If your debit card has been lost or stolen or you suspect fraud, the first step is to report it to your bank immediately. Reporting the fraud as soon as possible limits your financial responsibility and can halt the damage the scammer can do. Contact your bank ASAP if you notice unusual activity and request guidance. Depending on your particular situation, you may also have to take steps to report identity theft.

Dispute Fraudulent Charges

If the issue is a fraudulent charge on your debit card, try contacting the merchant to see if you can resolve the issue on their end.

At the same time, you’ll also want to dispute fraudulent charges by contacting the bank or credit union, as mentioned above. It’s important to do this ASAP (and no more than 60 days after the problem occurs). Once you dispute a charge, the financial institution can take up to 90 days to investigate and resolve your dispute.

You can also request a “chargeback” on debit card transactions. Essentially, a chargeback occurs when you dispute a transaction and reverse it. The money that got charged goes back into your account as the financial institution investigates the issue. When it’s resolved, you either keep the credit or, if the bank decides there wasn’t fraud, the funds are taken out of your account.

Get a New Debit Card

When you report fraudulent charges, the bank or credit union can freeze your account, which blocks anyone — including yourself — from using it. If they aren’t already sending you a new debit card, ask for one. Your old card is compromised, so you’ll want a new one.

Also, if you lose your debit card, that’s another reason to call your bank about freezing your account and getting a new one sent to you. Your missing card could be in the hands of a criminal.

Recommended: What Is An ATM Card?

Debit Card Fraud Protections

Under the Electronic Fund Transfer Act (EFTA), if you let your financial institution know within two business days after you notice suspicious activity, you are typically only liable for up to $50. If you inform them after that 48-hour period but within 60 days, you could be liable for up to $500. If you don’t notify them until more than 60 days has passed since the incident, you could face unlimited losses.

Tips for Safer Debit Card Use

Next, delve into best practices to keep your debit card and its details secure.

Avoid Unsecured Wifi

Hackers will go to great lengths to try to tap unsecured networks and steal private information, including personal details, passwords, and data about your checking and savings accounts, plus other financial intel.

To avoid making your banking data vulnerable to thieves, don’t use public or unsecured wifi. Instead, make sure you’re on a secure network. Secure networks have protective measures in place to ward off unauthorized access and theft.

Update PINs and Passwords

Make it a habit to update your debit card and app PIN and banking passwords regularly. Make sure you use unique, strong passwords. In other words, alphanumeric passwords that also contain special symbols. You’ll also want to steer clear of using weak passwords that can be easily guessed, like your date of birth.

Use Credit Cards for More Protection

Credit cards can offer greater protection than debit cards. When a hacker uses your credit card for fraudulent purchases, they’re not using your money but your credit. So you won’t risk having your bank account wiped out.

Plus, most credit cards provide zero liability protection for unauthorized charges. And, if you notice any suspicious activity, you can likely freeze your card to prevent any additional credit card scams from occurring.

The Takeaway

While debit card fraud is on the rise and scammers are more sophisticated in their tactics, you can take steps to prevent debit card fraud from happening. Monitoring your accounts regularly, keeping your credentials private, and being wary of skimmers are among those moves that can help you keep your bank account secure.

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Better banking is here with SoFi, NerdWallet’s 2024 winner for Best Checking Account Overall.* Enjoy up to 4.60% APY on SoFi Checking and Savings.

FAQ

What are common debit card fraud red flags?

Red flags for credit card debt include multiple transactions from the same retailer, unusually large purchases, or purchases made in a place you haven’t visited. It’s always a good idea to check your transactions and monitor your banking activity regularly, at least once a week.

Are debit or credit cards safer?

Credit cards offer greater fraud protection and are generally safer to use than debit cards. Many major card issuers offer zero liability fraud protection. However, you can accrue interest on your purchases, while debit cards simply tap funds you have on deposit.

Can a bank reverse fraudulent debit charges?

Yes, a bank may be able to reverse fraudulent debit card charges. You can request a chargeback, for example, when a transaction goes awry. If your card was lost or stolen and there has been suspicious activity, let your financial institution know ASAP. If you alert them within two business days after discovering the fraudulent charges, you generally won’t be held accountable for more than $50. If it’s been more than two days but less than 60 days, you can be liable for $500. If you wait more than 60 days, you could endure unlimited losses.

Photo credit: iStock/Bussarin Rinchumrus

SoFi® Checking and Savings is offered through SoFi Bank, N.A. ©2023 SoFi Bank, N.A. All rights reserved. Member FDIC. Equal Housing Lender.

The SoFi Bank Debit Mastercard® is issued by SoFi Bank, N.A., pursuant to license by Mastercard International Incorporated and can be used everywhere Mastercard is accepted. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

SoFi members with direct deposit activity can earn 4.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. Direct Deposit means a recurring deposit of regular income to an account holder’s SoFi Checking or Savings account, including payroll, pension, or government benefit payments (e.g., Social Security), made by the account holder’s employer, payroll or benefits provider or government agency (“Direct Deposit”) via the Automated Clearing House (“ACH”) Network during a 30-day Evaluation Period (as defined below). Deposits that are not from an employer or government agency, including but not limited to check deposits, peer-to-peer transfers (e.g., transfers from PayPal, Venmo, etc.), merchant transactions (e.g., transactions from PayPal, Stripe, Square, etc.), and bank ACH funds transfers and wire transfers from external accounts, or are non-recurring in nature (e.g., IRS tax refunds), do not constitute Direct Deposit activity. There is no minimum Direct Deposit amount required to qualify for the stated interest rate.

As an alternative to direct deposit, SoFi members with Qualifying Deposits can earn 4.60% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Qualifying Deposits means one or more deposits that, in the aggregate, are equal to or greater than $5,000 to an account holder’s SoFi Checking and Savings account (“Qualifying Deposits”) during a 30-day Evaluation Period (as defined below). Qualifying Deposits only include those deposits from the following eligible sources: (i) ACH transfers, (ii) inbound wire transfers, (iii) peer-to-peer transfers (i.e., external transfers from PayPal, Venmo, etc. and internal peer-to-peer transfers from a SoFi account belonging to another account holder), (iv) check deposits, (v) instant funding to your SoFi Bank Debit Card, (vi) push payments to your SoFi Bank Debit Card, and (vii) cash deposits. Qualifying Deposits do not include: (i) transfers between an account holder’s Checking account, Savings account, and/or Vaults; (ii) interest payments; (iii) bonuses issued by SoFi Bank or its affiliates; or (iv) credits, reversals, and refunds from SoFi Bank, N.A. (“SoFi Bank”) or from a merchant.

SoFi Bank shall, in its sole discretion, assess each account holder’s Direct Deposit activity and Qualifying Deposits throughout each 30-Day Evaluation Period to determine the applicability of rates and may request additional documentation for verification of eligibility. The 30-Day Evaluation Period refers to the “Start Date” and “End Date” set forth on the APY Details page of your account, which comprises a period of 30 calendar days (the “30-Day Evaluation Period”). You can access the APY Details page at any time by logging into your SoFi account on the SoFi mobile app or SoFi website and selecting either (i) Banking > Savings > Current APY or (ii) Banking > Checking > Current APY. Upon receiving a Direct Deposit or $5,000 in Qualifying Deposits to your account, you will begin earning 4.60% APY on savings balances (including Vaults) and 0.50% on checking balances on or before the following calendar day. You will continue to earn these APYs for (i) the remainder of the current 30-Day Evaluation Period and through the end of the subsequent 30-Day Evaluation Period and (ii) any following 30-day Evaluation Periods during which SoFi Bank determines you to have Direct Deposit activity or $5,000 in Qualifying Deposits without interruption.

SoFi Bank reserves the right to grant a grace period to account holders following a change in Direct Deposit activity or Qualifying Deposits activity before adjusting rates. If SoFi Bank grants you a grace period, the dates for such grace period will be reflected on the APY Details page of your account. If SoFi Bank determines that you did not have Direct Deposit activity or $5,000 in Qualifying Deposits during the current 30-day Evaluation Period and, if applicable, the grace period, then you will begin earning the rates earned by account holders without either Direct Deposit or Qualifying Deposits until you have Direct Deposit activity or $5,000 in Qualifying Deposits in a subsequent 30-Day Evaluation Period. For the avoidance of doubt, an account holder with both Direct Deposit activity and Qualifying Deposits will earn the rates earned by account holders with Direct Deposit.

Members without either Direct Deposit activity or Qualifying Deposits, as determined by SoFi Bank, during a 30-Day Evaluation Period and, if applicable, the grace period, will earn 1.20% APY on savings balances (including Vaults) and 0.50% APY on checking balances.

Interest rates are variable and subject to change at any time. These rates are current as of 10/24/2023. There is no minimum balance requirement. Additional information can be found at https://www.sofi.com/legal/banking-rate-sheet.

*Awards or rankings from NerdWallet are not indicative of future success or results. This award and its ratings are independently determined and awarded by their respective publications.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

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Source: sofi.com

Apache is functioning normally

July 7, 2024 by Brett Tams

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Home design trends in any year contradict themselves. For 2023, designers said it was the year of organic materials and muted greens, while other designers were painting walls black for dark academia bedrooms—complete with crows. Trends come and go, but we can use them to inspire ourselves and create our idea of a happy place. No matter how different we all may be, there’s a design trend for each of us—even if it includes crows.

When home decorating, the goal is to find colors and elements that you like and that support the look you want to achieve, and then give them a try. The trick comes in finding a way to try 2024 trends without making major changes that you’re not ready to live with for the long haul. From the many, many trend lists we’ve looked at this year, we’ve chosen styles and elements that run the gamut from bold to understated, and modern to traditional. Whether you’re a moody crow lover or a modern farmhouse diehard, you’ll find something in this year’s trends to up-level your look.

1. Quiet Luxury

Designer: ANA Interiors. Photographer: Ana Cummings

If you’ve scrolled your feeds looking for home design ideas recently, you’ve seen #quietluxury trending. This understated approach to posh emphasizes quality and craftsmanship over flash and bling. Paring down decor, keeping clutter at a minimum, confining colors to muted neutrals, and adding quiet luxury ingredients are meant to inspire calm. The centerpiece of a quiet luxury living space is the cloud couch, a white sofa with a puffy seat and back pillows stuffed with goose down.

“Quiet luxury is here to stay,” says Morgan Olsen, Thumbtack’s home and design expert. “Homeowners are done with loud luxury trendy pieces and are being very intentional with their spending. 2024 will be about craftsmanship over big brands and labels, as homeowners look for reclaimed materials and quality furniture.”

That means buying pieces that last decades rather than the 3 or 4 years of mass-produced furniture. “But who said you have to get the cloud couch?” asks Olsen. Instead, find secondhand furniture by quality makers and reupholster it. Or pare down your wall art and knickknacks, then add goose-down throw pillows and a luxurious throw like this State Cashmere Striped Throw Blanket to your existing neutral sofa.

2. Healthy Habits

Designer: Kelley Design Group.
Builder: CKN Capital Group.
Photographer: Cate Black Photography

Bringing wellness closer to home is no longer a luxury but an essential for many people, especially for exercise and spa experiences. “Homeowners will continue to turn their homes into wellness retreats, prioritizing features that have health benefits,” says Olsen.

According to the 2024 Houzz U.S. Emerging Summer Trends Report, with cold plunge pool, indoor sauna, and backyard sauna all rising in search frequency in the first quarter of the year, compared with Q1 2023. At-home exercise has evolved from a stationary bicycle, with searches for bocce court, bowling alley, and game room all higher than last year. Mentions of pickleball courts on Zillow are up 64 percent over last year. People are looking for homes with private courts and nearby public courts. Pickleball in the driveway, anyone?

In addition to saunas, Amanda Pendleton, Zillow home trends expert, lists spa bathrooms and red-light therapy rooms among the features home buyers are using to complement wellness routines. While replacing a bathtub with a walk-in spa shower is a trend for remodeling projects, you can spend far less and create a spa bath at home with simple switches. Create a relaxing atmosphere by focusing on all five senses. Replace the counter clutter with a flower arrangement or basket of fluffy towels. Choose soft textures in muted colors and a comfy bath pillow, like this Luxurious Cork Bath Pillow by LIVTUUshop at Etsy. Add the soothing scent of essential oils and a source of meditative sound. Don’t forget a glass of cucumber water.

3. Hidden Spaces

Courtesy of Ruhl | Jahnes Architects.
Photographer: Nat Rea

Nothing beats a cozy reading nook, according to the 2024 Houzz U.S. Emerging Summer Trends Report. Searches for library walls, reading corners, and book nooks have all gone up this year. Secret spaces have long been a favorite for people who enjoy a bit of whimsy at home, along with out-of-sight storage. The Houzz Emerging Winter Trends Report, released at the end of 2023, shows that cloaked additions are gaining popularity. Searches for trapdoors are up by 350 percent, and searches for kitchens with hidden pantries rose by 250 percent. Say goodbye to the wet bar in the living room and hello to a secret speakeasy bar and lounge, or a wine bar and cellar under the stairs, both searched more often in 2023.

If you’re not ready to tear down any walls or excavate the closet under the stairs, create nooks and hidden spaces with a few easy changes. Give more privacy to a window seat by hanging curtains outside the front of the seat rather than against the window. Hide the entrance to a closet with this Door Mural of Antique Bookshelves by Recallart at Etsy. In the kitchen, create a secret pantry by adding vertical wood panels on and around the pantry door. For renters, this Abyssaly Wood Slat Peel-and-Stick Wallpaper at Amazon is removable; homeowners who want a more permanent solution without the hassle of cutting wood can try the Set of 4 PVC Wall Paneling pieces at Wayfair that mount with adhesive.

4. Blues and Greens

Courtesy of Brittany Lyons Interiors.
Photographer: Mike Healey Photography

Green is the most popular color this year for home design. No, wait, it’s blue. Blue is the most popular color this year for interiors. Designers differ on this one, but most agree that shades of blue and green are taking center stage in the home. Mitchell Parker, senior editor at Houzz, says blue provides a calming influence.

Sage and gray-green also are on the rise, according to the Houzz winter report. A barely-there sage functions as a neutral on kitchen cabinets, and a darker gray-green provides contrast to warm neutrals. In true blue fashion, however, several paint companies have chosen a shade of blue as their 2024 color of the year.

Add contrast to neutral furniture and flooring with blue or green items you already own, gathering throw pillows and blankets, table runners, vases, decorative containers, and framed prints from other rooms. Add a blue or green ribbon trim to curtains or the base of a fabric sofa without a sewing machine by using HeatnBond Hem Iron-On Adhesive at Amazon; seal the trim with a flat iron (used for hair styling) in places you can’t fit onto an ironing board. For a classic look, we like this M&J Trimming Greek Key Fabric Ribbon in denim blue and sage options.

5. The Return of Creams

Courtesy of kate roos design.
Photography: Andrea Rugg Photography Andrea Rugg Photography

While many new homes are still coated in gray from floor to ceiling, the trend is moving away from this cool palette and back to warmer colors like cream, tan, and brown. Stark white walls are too harsh for this year’s earthy color schemes. Parker says beiges, creamy off-whites, and rich browns are the focus for a warm, welcoming space.

If you like the look of an all-neutral, off-white room, add textures and patterns, as well as a variety of tones, to create a more layered look, says Parker. The Graham Leather/Suede Lumbar Rectangular Pillow Cover and Insert at Wayfair has a removable cover to swap for a machine-washable option when needed. Swapping accessories has a big impact, especially if you clear the clutter first. We like this Handmade Wood Table Vase, an organic take on the popular ceramic styles, and the Magalia Wood Tray that brings both functionality and latticework texture.

6. Whole Wall Art

Photo: iStock

If you want an abundance of colorful expression in your home design, those cream walls act as a blank canvas perfect for art and pattern. Bold floral wallpaper or a hand-painted mural are both big this year. Zillow’s 2024 home trend report shows that many homeowners are into eclectic, maximalist interiors. Murals in homes for sale are showing up 18 percent more often than last year. The good news is you can learn how to paint a mural even if you’re not an artist, with a bit of painter’s tape and imagination.

Wallpaper also comes in mural patterns, including the peel-and-stick variety beloved by renters and frequent redecorators everywhere. Modern botanicals, landscape vistas, and stripes are trending patterns this year. Guest baths are often the place to start, since the design will make a big impact in a small space without costing a lot of time or money. Murals like this Chinoiserie Watercolor Peacock Wallpaper by FabbWallDecor, can be subtle while bringing interest to a neutral palette. Or make a big impact with this Removable Abstract Wall Art Wallpaper by ONDECORstore, both at Etsy.

7. Handmade Touches

Photo: Zillow

This year, embrace handmade pieces that show the inevitable imperfections of craft. Artisans are impacting today’s trends with handmade tiles, hand-thrown serving dishes, and hand-painted murals. Pendleton points to Murano glass chandeliers as an example of the handmade and bespoke features popping up in today’s homes. The colorful light fixtures are featured 58 percent more often in searches on Zillow, despite the sometimes hefty price tag. If this Ares Murano Glass Chandelier at $1,675 is out of budget, support an Etsy artist with this Handmade Dusty Pink Peony Pendant by FloralsBySERRO.

Handmade items make your home unique and add a personalized touch to any room. The 2023 Houzz U.S. Bathroom Trends report showed that 62 percent of renovating homeowners are choosing a custom or semi-custom vanity. Repurpose a piece of vintage furniture and make your own vanity, or add painted details to an existing model.

8. Brutalism

Photo: Zillow

Even if industrial design isn’t your style, the return of brutalism can be a welcome change in today’s homes. Brutalist design uses materials like raw concrete, brick, steel, and bronze. You’ll see organic shapes with raw edges and unpolished surfaces, as well as a streamlined design for functionality. Pendleton says Zillow has seen a 452 percent increase in the number of homes for sale that mention brutalist design.

“The return of brutalism is the most surprising rising trend of 2024, particularly after the hygge movement where homeowners embraced cozy comfort over hard surfaces,” she says. “The hallmarks of brutalist design—raw, organic, and unfinished materials—are already showing up in furnishings, lighting, and accessories. When juxtaposed with overstuffed sofas, curved armchairs, and plush high-pile rugs, brutalist architectural elements can add visual interest and much-needed contrast to a space,” says Pendleton.

9. Style That Sticks

Designer: Molly J Littlejohn Design.
General Contractor: Kraft Custom Construction.
Photographer: Chuck Collier

Some trends stick around for years. Most people are hanging onto their outdoor kitchens and fire pits. Others come and go, like inflatable furniture. No one is missing that squeaky stuff. As interior design trends have bent back toward the traditional and eclectic, designers are emphasizing a focus on timeless style that doesn’t look dated from year to year.

Parker says modern homes are showing brick, clay tiles, rustic wood, and other materials that signify a legacy rather than a fad. To get a timeless look that works for your space, create meaning through your belongings. A quality collection of original artwork from your travels will never go out of style, nor will vintage area rugs. Antiques are a good bet too because they add contrast to modern accessories.

White bedding, pleated curtains, and anything with stripes serve as foundational textiles you can build upon as trends change. Truly timeless style is about quality and meaning, so make space in your home for what matters most.

Source: bobvila.com

Apache is functioning normally

July 6, 2024 by Brett Tams

This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.

The thrill of Christmas is right around the corner.

This is the year you made a fresh decision to start living by a budget. You have been diligent in tracking your spending and set limits designed to help them save more and spend less.

You are desperate for a debt free Christmas because you can’t afford anything more.

I like to shop for Christmas throughout the year. But, not every year can I find steeply discounted gifts for everyone on my list. That is when I have to get serious and start using my Christmas budget worksheet.

However, a Christmas budget template will keep you on track and enjoying a merry holiday season.

You can get fancy and put your Christmas list in Excel spreadsheet or google sheets. Or you can print off a copy and write the old-fashion way. Completely personal preference and either one will get the job done.

This year, you are more determined than ever to make sure you stick to your Christmas budget and be debt free for the holidays.

And that starts with a Christmas budget template.

Why Use a Christmas Budget Template?

Just like with any advantages of budgeting, you want to make a plan for your money.

Then, you won’t be caught overspending and you can avoid the debt hangover in January.

If you want to keep your money goals, then you need to diligent in each of the holiday buying decisions you make.

Did you know most millionaires use a budget?

Now, you have a choice. Do you want a debt free Christmas by using some simple Christmas budget worksheet?

Before we drive into all of the fun and cute Christmas budget templates, you need to learn the critical areas to avoid and make sure you don’t blow your holiday budget.

Christmas Budget Categories

Christmas is a time of celebration, giving, and joy.

However, there are many expenses that come with the holiday season.

The most obvious expense to think about is probably gifts for friends and family members.

If you’re planning on buying a present for someone who’s hard to buy for, make sure they know what it is before purchasing it!

Another important factor in your Christmas budget plan should be your own personal spending habits – do not put all of your money into one category!

~ HUGE TIP ~
List your Christmas spending priorities, with #1 being the HIGHEST priority probably gifts.

Gifts

Christmas gifts are a lot more expensive this year, so you’ll want to be sure to have an idea of what people may need.

Make a list early on of who you’re buying for and try not to get carried away with the amount of money you spend.

You can also give homemade presents that are cheaper and more meaningful than store-bought ones.

Holiday Fun & Entertainment

Holiday fun and entertainment should be budgeted for.

Christmas plays and concerts, donuts and hot chocolate on Christmas Eve, visiting Santa are all things that can be budgeted to help make the holidays more enjoyable.

These activities tend to make you go over budget at Christmas because it is too hard to say no. So, set aside money for holiday fun and entertainment.

Holiday Food

Some of the budget categories to consider if you’re planning a Christmas dinner include appetizers, holiday food, and dessert.

And don’t forget the #1 priority of the gingerbread house!

Everyone entertains and hosts with their own style. Just make sure to budget for holiday food.

Planning for Holiday Decorations

If you want to get a head start on your holiday decorations, try buying them the week after Christmas. This is the best time to buy because you can find great deals and there are fewer out-of-stock items in stores.

Here are some tips for getting more affordable holiday decorations:

Make your own decorations!
Swap ornaments with friends!
Buy pre-made decorations from Amazon
Shop at thrift shops
Put up three strands of lights instead of one
Look through clearance racks
Ask in Buy Nothing groups

Planning to Send Christmas Cards

The cost of sending Christmas cards is getting more and more expensive. Most families plan to spend over $100 on this alone.

Here are ideas to cut down on the cost:

Take family pictures yourself for no cost
Trim your Christmas card list
Find a cheaper place to have Christmas cards made
Save on prints and stamps if you’re planning to email pictures.

Budgeting for Hosting Christmas Party

Hosting may include drinks, appetizers, main courses, desserts, prizes for games, party favors, and gifts.

Pitching in by bringing a side dish, dessert, or their favorite beverage. All are great ideas to help lower your cost.

Tips on saving when going to a party

While we all love to show off, you can easily find ways to save money.

Pick a dish to share that is budget-friendly and still a hit (beans based dishes and casseroles are cheap to make).

For gifts, look at re-gifting before buying new ones. No one else will know that you never used that gift before.

Budgeting for Holiday Travel

Planning ahead for holiday travel can help you avoid unnecessary costs.

Make sure to set aside enough money for lodging, car rentals, and airfare so that your budget will be on track all season long.

If you cannot afford to travel this year, then don’t stretch yourself.

Other Christmas expenses

Holiday expenses can add up, so it’s important to budget for them. Here are six tips on how to have a more adorable holiday season:

– Field trips: going out in the city with family and friends after dark is one of the most fun parts of Christmas!

– Gift wrapping: this is an investment that will pay off in the long run. It’ll give you time to be creative, and you’ll end up with beautiful gifts at the end of it!

– Photos with Santa: maybe not everyone has a photo session during Christmas, but if someone does need a quick photo op, snapping a picture outside somewhere might be worth it.

– Keep Track of Previous Year’s Expenses: Your family is likely to have holiday expenses that vary. So, write them down to include in next year’s Christmas budget.

How To Not Blow Your Budget This Christmas

Maybe you are weary of actually making a Christmas budget because you have struggled with your budgeting process before. Don’t worry, you are completely normal and will get the hang of how to budget.

More often than not, new budget-conscious families create ambitious financial plans with lofty goals of paying off debt. They split their family income up into budgeting categories and were doing just great. That is until the holiday season came along.

That is when you realized you weren’t as diligent as you thought about setting aside Christmas money into a sinking fund. The agreed-upon gift budget categories from earlier in the years just won’t cut it.

That is where a Christmas budget worksheet becomes so helpful!

You must make decisions about your holiday plans. What did you want more? Expensive Christmas gifts with a ballooned credit card balance or a Christmas you can truly afford?

Now, let’s dive into some simple secrets to keeping a budget during the holidays.

1. Post-Christmas Situation

Before you start spending Christmas money, you need a clear vision of your priorities.

Remind yourself and your entire family about the reasons you had for getting on a budget in the first place. During our journey to becoming debt free, we were completely honest with our kids that we had greater priorities than spending money on the small stuff.

Once the excitement of Christmas passes, do you want to have regrets or a little more money in the bank?

2. Prioritize your Christmas List

Our Christmas budget worksheet will help to make this step much easier.

Start making a complete gift shopping list. Think of everyone on your list. Next, review it and prioritize the list according to your relationship with that person. Just like with personal finances, take care of immediate family first. Then, decide if you have enough in your Christmas budget for extended family, friends, neighbors, and co-workers.

Start at the bottom and eliminate any names that absolutely don’t need to be there. If you want to spend more money, then assign a portion of your budget to each of the remaining names.

It is okay to keep the gift-giving to those you are closest too! Your friends may be relieved they don’t need to reciprocate too!

3. Become Creative with Gift Giving

The first rule of thumb… gifts don’t have to be materialistic items.

You can become creative and don’t need to make 101 DIY Pinterest perfect gifts.

Think outside the box.

Experiences can make some of the best gifts ever! Find gifts that are experiences. Plus you get to spend some quality time together.

4. Stop Trying to Keep up With the Joneses’

The surest path to a blown budget is to start comparing what you’re doing with what someone else is doing. Remember, they’ll likely be crying come January.

You are going after a debt free Christmas.

One of the most slippery slopes when it comes to personal finances is trying to cover up your situation and keep the appearance of a lavish life. This lifestyle creep will destroy your values and the things you care the most about.

Make this Christmas simple and something you can afford and treasure for many years to come!

Related reading: How to Spend ZERO at Christmas in a Materialistic Society

5. Know When to Stop Shopping

If you are a thrifty person, then you probably start shopping for gifts year-round.

Those are great ways to be frugal and find terrific gifts for a fraction of the price.

However, you must be able to stop buying and put blinders on for the cheap things to pick up.

If you have spent your entire holiday budget before Thanksgiving and know you are a smart cookie to get it all out of the way, you must be able to avoid more shopping. Those Christmas sales will be tempting, but don’t get in the trap of thinking I can spend just a little bit more can’t I?

Bonus Rule – No impulse buying

Honestly, impulse buying will ruin your budget throughout the year. Around the holidays, it will become more pronounced because you want to make the season magical.

If someone gives you an unexpected gift, it doesn’t mean you have to run out and buy them something as well. A simple Thank you note will suffice.

One of the best money rules is to wait 24 hours before you buy it. The same applies to Christmas.

Free Christmas Budget Template

Here is your free Christmas Budget template.

It is very easy to use. More importantly, it will help you to make sure everything is accounted for.

Get your PDF copy of the Christmas budget worksheet by subscribing to our email list and gaining access to our FREE printables area.

Christmas budget spreadsheet google sheets

For those who want to save everything electronically, then here you go.

This Christmas budget spreadsheet google sheets can be edited to suit your style. Plus you will be able to take your spending year to year!

In our free printables area, you can download all of our budget spreadsheet version that works for you – Excel, Google Sheets, or Pages.

Time to Make Your Christmas gift template

Throughout this post, we have given you the framework to make sure you have a debt free Christmas. Now, it is time to put everything together.

Download your gift template and Christmas budget from the email form below.

Take time and reflect on what gifts you want to give. More importantly, make sure it is a Christmas that you can afford.

By keeping your goals in mind, you can survive the holidays within your budget (and maybe even under).

Enjoy our Christmas Budget Template!

Did the post resonate with you?

More importantly, did I answer the questions you have about this topic? Let me know in the comments if I can help in some other way!

Your comments are not just welcomed; they’re an integral part of our community. Let’s continue the conversation and explore how these ideas align with your journey towards Money Bliss.

Source: moneybliss.org

Apache is functioning normally

June 28, 2024 by Brett Tams

Paywatch secures USD 30 million in funding

Paywatch, an earned wage access (EWA) service provider, has secured USD 30 million from a mix of equity and credit facilities to bolster its growth.

Paywatch received over USD 14 million in Series A funding, in a round co-led by Third Prime and a consortium of US investors, including Vanderbilt University and University of Illinois Foundation, with participation from new investors Octagon Venture Partners and Wooshin Venture Investment. Additionally, Paywatch secured USD 16 million in credit facilities from global banks, including Citi, to fund its product expansion. This is the largest funding round closed by an EWA player in Southeast Asia.

Paywatch offers a debt-free EWA solution that allows workers to instantly access a part of their accumulated salary in real time. The company said this service decreases employees’ dependence on loans, alleviates household debt, and enhances financial management while boosting companies’ employee retention and productivity. Lotus, Jaya Grocer, and QSR Brands are among the brands to have partnered with Paywatch, collectively supporting the region’s financial well-being and economic growth.

Ai Palette snags USD 1.45 Million in Series A1 funding from InnoVen Capital

Ai Palette, a Singapore-headquartered tech startup specializing in using artificial intelligence and machine learning to enable consumer packaged goods (CPG) companies in product creation, has snagged an additional USD 1.45 million in its Series A1 funding round from InnoVen Capital.

The funds will deepen Ai Palette’s generative AI product stack for the CPG sector and strengthen its presence in the Americas.

According to Ai Palette, its platform utilizes advanced AI technologies, including text analytics, natural language processing, image recognition, predictive analytics, and reinforcement learning, to help brands track real-time trends, predict market changes, and quickly adapt. The company is said to specialize in aiding concept generation, portfolio optimization, localization, and credibility enhancement.

Photo of Himanshu Upreti (left) and Somsubhra GanChoudhuri, co-founders of Ai Palette. Photo from KrASIA’s archive.

Blibli operator acquires Dekoruma for IDR 1.16 trillion

PT Global Digital Niaga, which operates the e-commerce player Blibli, online travel agency Tiket.com, and supermarket chain Ranch Market, has acquired a 99.83% stake in the home decor startup Dekoruma for IDR 1.16 trillion (USD 70.7 million) with the backing of the local conglomerate Djarum Group.

Completed on June 20, this acquisition is expected to bolster Blibli’s home and living vertical and enable an integrated approach to online and offline trade. Dekoruma, established in 2015, connects consumers with home furnishing merchants, interior designers, contractors, and property developers. It has ostensibly served over one million customers and partnered with more than 5,000 designers and contractors. —DealStreetAsia

Okapi Technologies closes funding round and launches in Malaysia

Okapi Technologies, a fintech startup in the solar financing space, has closed its funding round and officially launched in Malaysia, starting with the residential solar vertical. The round was led by The Radical Fund with participation from angel investors including Lai Chang Wen and Shaun Chong, co-founders of regional logistics unicorn Ninja Van.

The funds will be used to develop solutions to democratize access to affordable solar energy and create a new asset class for environmental, social, and governance (ESG) investors globally. —TechNode Global

Carro secures SGD 75 million loan from HSBC

Carro, a Singapore-based used car marketplace, has signed a SGD 75 million (USD 55.4 million) multicurrency loan with HSBC to fund its fintech arm, Genie Financial Services.

Genie Financial Services currently operates in Singapore, Malaysia, Indonesia, and Thailand, leveraging data-driven lending to support its customers.

Carro is said to be the first client to tap into HSBC’s recently launched USD 1 billion ASEAN Growth Fund. —TechNode Global

Photo of Carro’s team in 2021. Photo from KrASIA’s archive.

Zepto bags USD 665 million at multibillion valuation

Zepto, an Indian quick commerce platform specializing in grocery deliveries, has raised USD 665 million in an investment round, increasing its valuation to USD 3.6 billion. The round saw participation from Avenir Growth Capital, Lightspeed Venture Partners, and Avra Capital.

Zepto, competing with Zomato’s Blinkit and Swiggy’s Instamart, plans to use the funds to double its dark stores to over 700 by March 2025. —Reuters

Recent deals completed in China:

Metis Pharmaceuticals, a biotechnology company, has raised USD 100 million in a Series C funding round. The round was led by CICC Capital, with participation from the Taiping HK I&T Fund under China Taiping Insurance Holdings. The funds will be used to advance the development of its AI-driven drug delivery platform and proprietary pipeline, supporting ongoing innovations in the drug delivery sector. Established in 2020, Metis focuses on leveraging AI for precise targeted drug delivery and drug discovery, aiming to develop innovative nanomaterials. —36Kr
TalentSec, a Shanghai-based cybersecurity firm, has raised tens of millions of RMB in a Series A funding round. The round was led by Eminence Ventures, with participation from existing investor Shunwei Capital and financial advisory by Cipher Capital. The new funds will be used to strengthen the company’s product capabilities and core competitiveness by creating value for more customers. Since its establishment in 2020, TalentSec has been specializing in solutions combining altered state machine (ASM) and AI technology. —36Kr
Tengyu Technology, a real-time interactive cloud service provider, has raised an undisclosed amount in a Series B funding round jointly led by Sealand Innovation and Fosun RZ Capital. The round also saw participation from Cornerstone Venture Capital, Zhongxiang Venture Capital, Guolian Shixun Information Technology, SCCI, 37 Interactive Entertainment, and Jiangxin Investment, with I&R Capital acting as the sole financial advisor. The funds will be used to further develop its solutions. —36Kr

Homa2u, Robo Co-op, VITG, and more led last Friday’s headlines:

Homa2u, a Malaysian platform for overstocked renovation and interior design materials, secured an additional USD 625,000 in its pre-Series A funding round from Asia Fund X (AFX), which is backed by MSW Ventures and Pavilion Capital.
Robo Co-op, a social enterprise focused on empowering refugees through digital learning, received a USD 700,000 investment from Ritsumeikan University’s Social Impact Fund (RSIF).
Virtual IT Group (VITG), an Australian IT services provider, signed a definitive agreement to secure investment from global mid-market private equity firm The Riverside Company. The financial details of this deal were not disclosed.

If there are any news or updates you’d like us to feature, get in touch with us at: [email protected].

Source: kr-asia.com

Apache is functioning normally

June 27, 2024 by Brett Tams

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I truly appreciate a well-designed and functional lighting design with some aesthetic value. But besides these three holy grails, it also helps if the light is compact and doesn’t occupy too much precious real estate on your desk, bedside table, or wherever we place it. Besides that, a well-designed lighting fixture should not only have the ability to illuminate any living space but also add that extra oomph factor! I mean, of course, we need them to see in the dark, but as highly functional as they should be, a lighting fixture also needs to be aesthetically pleasing, adding an attractive and visually soothing element to your home or office space. And, we’ve curated a bunch of compact and exceptional lighting designs that will make excellent additions to your home.

1. MINI Sphere

The Sphere in Las Vegas was opened to the public last year and is now one of the most visible buildings on the north end of the Vegas Strip. It has become a sort of a meme because of its massive size, and the hilarious emoji that often looks around and interacts with different objects. YouTuber Carl Bugeja created a homemade version of the Sphere by merging a number of LEDs and some clever programming.

Why is it noteworthy?

Called the MINI Sphere, this little light is a cute replica of the massive architectural wonder. The tiny sphere lights up, displaying varied graphics such as an eyeball, emojis faces, or even the planet Earth. It features a built-in accelerometer that detects when you lift the sphere off the table, and the sphere then makes a scared emoji face!

What we like

Creates a miniature and accessible version of an impressive architectural structure
Creates cute emoji faces

What we dislike

It has less than 1000 pixels, so it is difficult to perceive clear images

2. Japanese Lantern Candle

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Meet the Japanese Lantern Candle – a soft and gentle lighting design inspired by the traditional Japanese ‘chouchin’ lantern. This lighting product features a billowy pillar shape which casts a calming and ambient aura. The lighting design is created to add some peace and tranquility to your living space, while also being quite easy to move around.

Click Here to Buy Now: $69

Why is it noteworthy?

This candle design is designed to be a contemporary take on a beloved Japanese object. It features a tiny and minimalist ethos which doesn’t take up much space in your home. The lantern candle has a rather ethereal-looking glow which instantly puts onlookers at ease.

What we like

Non-melting wax which provides a surreal clarity on the candle
It is handcrafted by artisans in Kurashiki

What we dislike

Since it is a lantern candle, it is a fire hazard and must be kept away from children and pets

3. Anywhere-Use Lamp

This portable lighting design is called the Anywhere-Use Lamp, and it is a minimalist table lamp that offers gentle lighting in a world filled to the brim with large glaring screens and harsh lighting. Featuring a mushroom-inspired head, the lamp radiates an elegant and soft glow, which creates a pleasing ambiance.

Click Here to Buy Now: $149

Why is it noteworthy?

The Anywhere-Use Lamp has a modular form that offers impressive atmospheric enhancement, no matter where you place it. It is equipped with six high-color rendering LEDs, which provide a soothing luminescence, converting any living space into an oasis of calm and peace.

What we like

Equipped with 4 brightness levels
It can be easily disassembled, placed in a bag, and carried with you

What we dislike

The lighting design isn’t water-resistant
It needs four AA batteries to function

4. AwesomePre

Dubbed the AwesomePre, this reading lamp was designed for the LED technology development startup MemsLux. The reading light is designed to foster an emotional connection between the reader, and his book after the sun goes down. It is shaped like a big window that you can place on the page you are reading!

Why is it noteworthy?

The AwesomePre utilizes MemsLux’s LED tech to radiate a light wavelength which helps you to read in the dark, creating a private reading experience. It creates the experience of gazing into your favorite fictional world through a compact portal.

What we like

Portable design that lets you read in low light, anywhere

What we dislike

It isn’t very ergonomically comfortable for readers who like reading in a laid-back and comfy position

5. Harmony Flame Fireplace

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Dubbed the Harmony Flame Fireplace, this elegant brass lamp allows you to build a safe fire within your home. You can enjoy the experience of an outdoor fire in the comfort of your own home. It uses bioethanol to light up your home, spreading warmth within it. It was built using the same technique used to make musical instruments.

Click Here to Buy Now: $239

Why is it noteworthy?

The fireplace was designed to elevate and uplift the mood and ambiance of indoor space. It features reflective surfaces that work with the vivid flames to create a play of shadows and lights, forming a decorative piece that is quite aesthetically appealing as well.

What we like

You can enjoy a warm and lovely fire safely within your own home

What we dislike

Since it is powered by bioethanol, there is a risk of fuel dependency, since you need to purchase fuel again and again

6. Tomori Lantern Kit

Say hello to the Tomori Lantern Kit – a unique kit that helps you build your own little lantern. Once you’re done using the lantern, you can easily put it aside. The lantern kit cannot be utilized as a ready-made lantern, and you can collapse it once used. A conventional flashlight can be integrated into the lantern.

Click Here to Buy Now: $39

Why is it noteworthy?

The Tomori Lantern includes a foldable cardboard piece as the base of the kit, and as a flashlight holder, while providing structure to the lamp. It includes an LED flashlight which you can use separately when it isn’t fitted within the lamp. However, the base can support any other cylindrical flashlight as well.

What we like

You can fold the kit into a flat A4-sized package, and pack it away
Has a portable and easy-to-carry form

What we dislike

The Tomori Lantern Kit cannot withstand rain and other harsh weather conditions

7. Port Collection

Called the Port Collection, this ethereal-looking lighting collection is designed by Tom Fereday and Rakumba. It includes two shapes – the circular Round design, and a lozenge-shaped Stadium design. You can pick a tabletop or a wall-mounted version, and each variant is equipped with a solid glass block and a metal base.

Why is it noteworthy?

The metal base offers support to the glass block which features an intriguing conical shape, marked by an internal stepped form. This rather interesting form facilitates the refraction of light when switched on, creating a mesmerizing and alluring effect that draws attention.

What we like

The lighting designs have an otherworldly appeal to them and will make interesting additions to your home

What we dislike

Since they’re made from glass, they must be handled with care and could be easily damaged

8. Matin Lamp

Called the Matin Lamp, this rather quizzical-looking lamp was designed by Inga Hempe. The lighting design is intended to be a contemporary and refreshing interpretation of a common lighting piece that utilizes a steel wire frame to condense the form to its most basic and raw. The result is a unique lamp with a design language of its own that seems quite familiar.

Why is it noteworthy?

The Matin Lamp features a unique pleated lampshade which offers a distinctive and impressive character to the lighting product. This lampshade creates an interplay of shadows and shapes, which interestingly contrast with the plain block of color. The lamp would be a welcome addition to any home, sparking conversation and discussions.

What we like

It is designed to be a harmonious contrast of order and chaos with repeating patterns of flowers, petals, and leaves

What we dislike

The lamp may be too quirky and eclectic for some, caters to a niche audience

9. Z Lamp

Meet the Z Lamp, this unique lighting design is truly one-of-a-kind. It features a collapsible design which makes it portable and easy to carry about. It is equipped with a ridged silicone shade, which enables the lamp to expand or contract at will, allowing you to have complete control of the lamp’s overall brightness.

Why is it noteworthy?

If you expand the silicone cover, the lamp serves as a large diffuser, and light is scattered in different directions. Once the lamp is contracted, the diffuser’s size reduces and the light’s intensity is diminished.

What we like

Unique collapsible feature that converts it into an easy-to-carry design

What we dislike

You can’t have the lamp fully expanded but with low brightness

10. Current Task Light

Designed by UK-based Jones and Partners, the Current Task Light is a small and compact lighting design that perfectly merges with the brand’s collection of highly functional and simple products. The Current Task Light is peak minimalism, and it serves as a valuable lighting design that occupies minimum space.

Why is it noteworthy?

It is an award-winning task light & charging concept that serves as a multifunctional product designed to help you with your daily multitasking. The versatile and thoughtfully designed product works well in both residential and commercial spaces. It looks like an ideal addition to your workdesk!

What we like

Co-workers can plug their devices across a big desk and work together

What we dislike

Since it is a concept right now, we are unsure of how the final product will be

Source: yankodesign.com

Apache is functioning normally

June 27, 2024 by Brett Tams

Located within the Appalachian region, West Virginia is a haven for nature lovers and history buffs alike. Known for its stunning outdoor landscapes, historic landmarks, and unique local traditions, there’s always something new to explore. But what else is West Virginia known for? Whether you’re thinking about renting a home in Charles Town, settling into an apartment in Moorefield, or just planning a visit, you’ll quickly discover that West Virginia has much more to offer than what meets the eye. In this article, we’ll uncover the hidden gems and iconic features that make this state truly special and why so many take pride in calling it home. Let’s dive in.

1. New River Gorge Bridge

The New River Gorge Bridge near Fayetteville stands as an iconic symbol of West Virginia. This steel arch bridge spans 3,030 feet across the New River Gorge and offers stunning panoramic views. Each October, the bridge becomes the centerpiece of Bridge Day, a festival where BASE jumpers and rappellers showcase their skills. This remarkable structure not only serves as a vital transportation link but also as a thrilling adventure destination for some.

2. Appalachian music heritage

West Virginia is renowned for its rich Appalachian music heritage, deeply rooted in the state’s culture. The annual Appalachian String Band Music Festival, also known as Clifftop, celebrates this tradition with five days of music, dancing, and contests. Musicians and fans gather to enjoy old-time fiddle, banjo tunes, and traditional folk songs.

3. Seneca Rocks

Seneca Rocks, a prominent and picturesque landmark in the Monongahela National Forest, attracts climbers and hikers from all over. Rising nearly 900 feet above the North Fork River, these towering quartzite formations offer challenging climbing routes and breathtaking views. Additionally, the Seneca Rocks Discovery Center provides educational exhibits and information about the area’s geology and history.

4. Pepperoni rolls

When it comes to food, West Virginia is known for its pepperoni rolls. This tasty snack, which consists of a soft bread roll filled with pepperoni, was originally created by Italian immigrants in the state. Today, pepperoni rolls are a beloved local delicacy and can be found at bakeries and restaurants throughout West Virginia.

5. Greenbrier Resort

The Greenbrier Resort dates back to 1778 and has hosted numerous presidents and celebrities including George W. Bush, Jennifer Garner, and Bob Hope. Known for its elegant architecture and stunning grounds, the Greenbrier offers world-class golf courses, a renowned spa, and even a former Cold War-era bunker tour. It remains a premier destination for relaxation and elegance in West Virginia.

Fun facts West Virginia is famous for

West Virginia is known as the “Mountain State” due to the fact it’s the only state in the U.S. that is entirely within the area served by the Appalachian Regional Commission.
The New River Gorge Bridge is the longest steel span in the western hemisphere and the third highest in the United States.
The state is home to the Mothman, a legendary creature said to have been sighted in Point Pleasant in the 1960s, inspiring the book and film “The Mothman Prophecies.”

6. Blackwater Falls State Park

Blackwater Falls State Park, named after its iconic 57-foot waterfall, captivates spectators with its natural beauty. The falls, tinted dark by tannic acid from fallen hemlock and red spruce needles, are a photographer’s dream. The park offers hiking trails, scenic overlooks, and cozy cabins for an immersive nature experience making it a perfect getaway for those looking to connect with the great outdoors.

7. Coal mining history

West Virginia’s coal mining history runs deep, shaping both its landscape and culture. The Beckley Exhibition Coal Mine in Beckley offers guided tours, giving visitors a glimpse into the life of coal miners. Additionally, you can explore underground passages, see historical mining equipment, and learn about the industry’s impact on the region.

8. West Virginia University

West Virginia University (WVU) in Morgantown stands as a prominent educational institution with a passionate Mountaineer spirit. Known for its strong academic programs and research, WVU also produces strong sports teams, especially in football and basketball. The university’s iconic Mountaineer mascot and enthusiastic fan base contribute to the campus’ lively atmosphere.

9. West Virginia State Penitentiary

The West Virginia State Penitentiary in Moundsville provides a captivating look into the state’s penal history. This Gothic-style prison, which operated from 1876 to 1995, now offers tours and educational programs. Visitors can explore the eerie cell blocks, learn about infamous inmates, and even participate in nighttime ghost hunts.

10. Seneca Caverns

Seneca Caverns is an enchanting underground adventure just waiting to be discovered. These limestone caverns where formed over millions of years and feature impressive formations. The caverns also have a rich history, having been used by Native Americans for shelter and ceremonies. Visiting Seneca Caverns provides a unique glimpse into the geological and cultural history of West Virginia.

11. Lost World Caverns

Lost World Caverns in Lewisburg invites visitors to explore stunning underground formations and stands out as one of West Virginia’s most famous natural attractions. This extensive cave system features geological wonders like stalactites, stalagmites, and intricate flowstone structures. Additionally, Lost World Caverns hosts special events like guided fossil tours and self-guided walking tours to further experience the cave’s natural beauty.

Jenna is a Midwest native who enjoys writing about home improvement projects and local insights. When she’s not working, you can find her cooking, crocheting, or backpacking with her fiancé.

Source: rent.com

Apache is functioning normally

June 27, 2024 by Brett Tams

Borrower Outreach, Subservicer Oversight, AVM Products; Agency News… Freddie’s Limited Foray Into 2nds

This website requires Javascrip to run properly.

Borrower Outreach, Subservicer Oversight, AVM Products; Agency News… Freddie’s Limited Foray Into 2nds

By:
Rob Chrisman

Wed, Jun 26 2024, 11:25 AM

“Don’t waste a good crisis.” Continuing data breaches constitute a crisis, the latest example being LendingTree Inc., cloud-based data analytics firm Snowflake Inc., and MBS loan-level data. Headlines that talk about a “crisis” or something “plummeting” in price should be viewed skeptically, regardless of the topic. Here’s “Home Prices are Falling Fast.” Really? I say, much ado about nothing. Dropping 1-2 percent… really… plummeting? Are people jumping out of windows? How about looking at those markets like Austin over the last 10 years: Most were bound to take a breather after getting ahead of themselves. There is something that has garnered a lot of headlines in recent weeks, and that is the FHFA authorizing a pilot program for Freddie Mac to buy as much as $2.5 billion in second mortgages over 18 months, a shift that could ultimately make it cheaper for households to borrow against the equity in their homes. There are those, however, who say that this is much ado about nothing: more below. Today’s podcast is found here and this week’s is sponsored by Candor. Candor’s authentic Expert System AI has powered more than 2 million flawless, hands off underwrites. Every credit risk decision Candor makes is backed by a warranty, eliminating repurchase worries. Hear an interview with Blue Sage’s Carmine Cacciavillani on his nearly four decades in the mortgage industry as a solutions provider creating complex software-based business solutions.

Software, Products, and Services for Lenders and Brokers

When generating non-QM loans, traditional marketing efforts simply don’t cut it anymore. A 3 percent click-through rate on your email campaigns might be the norm, but it won’t give your salespeople the necessary conversations. Privy offers something different, something better. A branded real estate search and investing platform. Privy lets lenders automate borrower acquisition and retention. You become present at every step of a borrower’s transaction, from when they are just browsing to when they are ready to close. You are just a button click away. Provide your existing borrowers with the technology to close more investment deals while you close more loans. Contact Brad Bieber to learn more about Privy’s Lender Enterprise Solutions.

Despite some positivity in the housing market, pressure persists among mortgage lenders. The Mortgage Bankers Association forecasts single-family mortgage originations to grow to $1.8T in 2024, driven by increased purchase demand and equity take-out products, while Goldman Sachs predicts a 16 percent increase in the non-agency market amidst a 1 percent decline in agency mortgage production. Given this, Verus Mortgage Capital, the leading non-agency investor, believes there is no better time for lenders to expand their footprints and offer non-QM mortgages. Check out the five key insights Verus shares about non-agency lending in its recent blog post here. And to learn more about the non-QM opportunity, contact Jeff Schaefer, EVP – National Sales (202-534-1821).

Ask yourself this question: when evaluating the current market value of a subject property, are you using the best AVM on the market? We understand that when making critical business decisions, accuracy and details matter. That’s why we’re highlighting First American Data& Analytics and its Procision AVM to have your back. Its Procision AVM updates and tests the subject property values daily to maintain performance on every residential property in the U.S. every day. And the best part? First American’s AVM is designed for your specific business need – so you get the best results and highest satisfaction. But don’t just take our word for it: The data speaks for itself. As a nationwide, single-source data provider, First American Data & Analytics will fuel your biggest ideas so you can focus on growing your bottom line. That’s big stuff. Learn more about the Procision AVM.

The “housing theory of everything” is a concept equating the housing shortage in the United States to a broad range of societal problems like substance abuse, unemployment, domestic violence and disease. The idea is that when people live in safe, affordable housing they are more secure, less stressed and more employable. Those steady incomes and stable minds would, in turn, positively impact families and communities. In the latest Spotlight podcast from Dark Matter Technologies, Kyla Scanlon, who coined the term vibecession (when people have a more negative perception of the economy than what economic data suggests) and author of “In This Economy? How Money and Markets Really Work” joins Wes Hortabuck for a wide-ranging discussion of consumer perceptions, the “missing middle” in housing stock, and how providing more affordable housing could positively impact people’s lives and the broader economy. Take a few minutes and listen to the episode today!

“Is a standing call with your servicer enough when it comes to proper oversight? Is there a specified cadence for how often a lender should be meeting with their servicer? Ultimately, it is your responsibility to oversee your subservicer, so you must understand what is expected of you and the key actions you need to take to maintain oversight and comply with regulations. Tune in to this video where the experts at Richey May answer the most frequently asked questions about subservicer oversight requirements. Whether you’re considering leveraging a subservicer or navigating the general complexities of oversight, Richey May’s mortgage compliance experts can help. Contact us today for more information.”

“In today’s competitive purchase market, the lenders who stand out are providing excellent, personalized and consistent communication. This approach is key to attracting new business, keeping your current borrowers happy and retaining clients for life. In our new blog, we’re sharing how ICE Surefire can help you streamline and improve your borrower outreach even further, so you’re prepared to thrive in today’s competitive purchase market. And by leveraging both Surefire and Encompass®, you’re able to deliver targeted content to the right contacts at the right moment. Read the full blog to gain all the insights.”

Agency News: Freddie Mac’s New Program?

The Federal Housing Finance Agency (FHFA) announced its conditional approval for Freddie Mac to engage in a limited pilot to purchase certain single-family closed-end second mortgages. This conditional approval follows FHFA’s first publication of a proposed new product by either Freddie Mac or Fannie Mae (the Enterprises) for public comment under the new process mandated by the Prior Approval for Enterprise Products regulation, which became effective in April 2023. In an accompanying statement, Director Sandra Thompson further discussed FHFA’s analysis of the statutorily required criteria of Charter Act compliance, public interest, and safety and soundness. Upon the pilot’s conclusion, FHFA will analyze the data on Freddie Mac’s purchases of second mortgages to determine whether the objectives of the pilot were met. FHFA has determined that any increase to the volume or extension of the duration of the pilot, or a conversion of the pilot to a programmatic activity, would be treated as a new product that is subject to public notice and comment and FHFA approval. Any subsequent approval would be informed by the preliminary results of the pilot.

Seth Appleton, President of U.S. Mortgage Insurers (USMI), issued a statement on the Federal Housing Finance Agency’s (FHFA) decision to conditionally approve the proposed “Freddie Mac Single-Family Closed-End Second Mortgages” product as a limited pilot, pursuant to the Prior Approval for Enterprise Products Final Rule. In its comment letter, USMI raised certain aspects in urging FHFA to disapprove this proposed product and have Freddie Mac focus its efforts and resources on helping borrowers achieve homeownership.

In a press statement, MBA President and CEO Bob Broeksmit, CMB, responded to FHFA’s conditional approval of new product proposal allowing Freddie Mac to purchase certain closed-end second mortgages.

Compass Research and Trading was quick to point out that, “The FHFA would not have published the new product proposal for FMCC’s HEL product if it was not predisposed to approve it. Over 85 percent of the comment letters opposed the proposal, which included over 250 form letters in opposition. However, it did receive support from the National Fair Housing Alliance, Urban Institute, Community Home Lenders of America, and three credit union associations. Bank trade associations largely opposed the product, as did market trade associations.

Ed Groshans wrote, “We estimated that the potential tappable equity in Freddie’s portfolio to be $700 billion to $1.2 trillion. The FHFA addressed crowding out concerns by authorizing a pilot program for Freddie and limiting its HEL purchases to $2.5 billion. Our assessment is that the pilot program will have a negligible impact on consumer lenders. In addition, the FHFA capped the duration of the pilot at 18 months.

“Notably, the FHFA stated that any extension of the pilot or a conversion of the pilot to a programmatic activity would subject to another new product approval review. These limitations place the fate of any GSE HEL products in the outcome of the November election. We expect a Trump administration to cease the product on safety and soundness concerns, while a Biden administration could approve a larger scale product.”

The FHFA Director’s statement noted that the product is authorized by Freddie’s charter, in the public interest, and consistent with the safety and soundness of Freddie Mac or the mortgage finance system. The public interest section addressed crowding out. Sandra Thompson said that limitation on purchases and duration were in response to comments received and “intended to mitigate any concerns about potential inflationary impacts, extending the mortgage “lock-in” effect, or the “crowding out” of private capital.”

Switching gears to other updates…

Uniform Loan Delivery Dataset (ULDD) Phase 4a is implemented and the Phase 5 transition (optional delivery) has begun. Freddie Mac continues to enhance Loan Selling Advisor®. Sharing information about the customer test environment (CTE) for ULDD, plus additional news to help clients: Freddie Mac’s website.

Freddie Mac posted information on the new and updated UAD Redesign Documentation. The Uniform Appraisal Dataset (UAD) and Forms Redesign team has announced the release of additional documentation and updated one existing document to support ongoing implementation efforts. Fannie Mae’s Uniform Appraisal Dataset (UAD) and Forms Redesign team has released additional documentation and updated one existing document to support ongoing implementation efforts. These resources supplement prior documentation originally published in 2023 and subsequent releases throughout 2023 and 2024.

The publication of VantageScore® 4.0 historical credit scores is coming on July 10. For more information and to register for the session, visit Fannie Mae’s credit score models and reports initiative page.

Fannie Mae has approved the acquisition of Republic Mortgage Insurance Company and Republic Mortgage Insurance Company of North Carolina and its affiliates (RMIC) by Arch U.S. MI Holdings, Inc., a subsidiary of Arch Capital Group Ltd. RMIC is now an affiliate of our approved mortgage insurers Arch Mortgage Insurance Company and United Guaranty Residential Insurance Company.

In the July Loan Product Advisor® (LPASM) release, Freddie Mac describes implementation of revised feedback messages related to the annual transition of LPA specification versions. Also included are reminders about collateral representation and warranty relief feedback messages and trended data.

As explained in Fannie Mae Release Notes, The Desktop Underwriter® (DU®) validation service will be updated the weekend of August 17 with enhancements intended to improve asset validation. Updates include asset validation up to the total balance of liquid accounts, consideration of net equity, evaluating assets when reported assets are not sufficient to cover closing costs, and more. View the integration impact memo for additional information.

At the Mortgage Industry Standards Maintenance Organization® (MISMO®) Summit, Fannie Mae shared significant progress on developing the Loan Boarding Data component of the Industry Transfer of Servicing Dataset. Help finalize both datasets by participating in the MISMO Servicing Transfers Development Workgroup.

Beginning July 1, all servicers can access the Liquidation Reconciliation Third Party Sales (TPS) application within Property 360™, which provides a simplified process for managing TPS cases from initial case creation to sale reconciliation. Servicers must onboard the application by no later than August 31. Details are available in the Fannie Mae release notes.

FHFA issued a Request for Input (RFI) on opportunities to improve the Federal Home Loan Banks’ (FHLBanks) processes for members and project sponsors to apply for Affordable Housing Program (AHP) funding. During FHFA’s FHLBank System at 100: Focusing on the Future review, many stakeholders encouraged FHFA to improve the efficiency of the application process. FHFA is seeking input on potential opportunities to improve the application process for the AHP competitive application programs. Each FHLBank develops user or reference guides and resources to assist FHLBank members and project sponsors apply for AHP competitive application funding. FHFA is providing these resources to assist stakeholders in providing feedback on the FHLBanks’ AHP competitive applications.

FHFA released its first quarter 2024 Foreclosure Prevention and Refinance Report. Fannie Mae and Freddie Mac (the Enterprises) completed 52,154 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped to nearly 7 million since the start of conservatorships in September 2008. FHFA’s quarterly foreclosure prevention and refinance reports include data on the Enterprises’ mortgage performance, delinquencies, and active forbearance plans, as well as forfeiture actions and refinances by state. The data included in these reports are also available on FHFA’s website as an interactive Borrower Assistance Map.

Capital Markets

There were a few miscellaneous data points yesterday, none of which did much to change the overarching narrative that the U.S. economy is beginning to slow, and none of which had much effect on bond movement. Consumer Confidence edged modestly lower in June, demonstrating a hesitant, but not overly concerned, consumer. On the housing front, the FHFA Housing Price Index was up 0.2 percent month-over-month in April after increasing 0.1 percent in March, while the S&P Case-Shiller Home Price Index was up 7.2 percent year-over-year in April, slightly more than expected. Home prices continue to rise despite 30-year mortgage rates hovering around 7 percent as people are becoming used to rates at these levels.

Security pricing is largely a matter of supply and demand, and the U.S. Treasury kicked off this week’s quarterly refunding note auction slate with a solid sale of $69 billion in 2-year notes.

Mortgage applications from MBA kicked off today’s calendar, increasing 0.8 percent from one week earlier. This week’s results include an adjustment for the Juneteenth holiday. We learned last week that the Mortgage Bankers Association’s refinance index surged 28 percent in the latest release and is now at its highest level since the fall of 2022. This is a good sign that new mortgages are slowly replacing the record-low lending rates from the beginning of the pandemic. One year ago, 30-year conventional and Ginnie Mae mortgage bonds with 1.5 percent through 2.5 percent coupons made up 42 percent of the U.S. MBS index, but that figure has now dropped to 37.3 percent. Still, most mortgages remain out of the money, most by over 300 basis points.

Later today brings New Home Sales for May and several Treasury auctions that will be headlined by $28 billion reopened 2-year FRNs and $70 billion 5-year notes. We begin Hump Day with Agency MBS prices slightly worse than Tuesday’s close, the 10-year yielding 4.29 after closing yesterday at 4.24 percent, and the 2-year at 4.73.

Jobs

JMAC Lending is pleased to announce the addition of mortgage-industry leader Sabrina Lopez as Regional Vice President – TPO West. Sabrina brings more than 20 years of strategic leadership experience to JMAC. In her role, Sabrina will grow and scale a team of Sr. Account Executives throughout the company’s western region. “We want to empower our AEs to grow their business in this market,” JMAC’s President Christina Pham said. “Sabrina has a demonstrated record of success helping Account Executives become top producers in their markets. Her seasoned mortgage background, industry knowledge and relationship-driven mindset will be an essential component to JMAC’s continued growth and strategy. With Eric Yang as EVP of TPO and Bob Bordenet as Regional Vice President – TPO East, we are stronger than ever and well-positioned to take our team and business to the next level.” Elevate your lending capabilities this summer with your single source for solutions. Visit here and follow JMAC on LinkedIn, and contact Sabrina Lopez direct for Account Executive opportunities.

“Highlands Residential Mortgage is proud to announce that we have been ranked #1 by Experience.com for 2023 in their annual Top Performers in the Mortgage Industry rankings! This accolade is especially meaningful to us as it reflects the outstanding experiences and overall satisfaction of our customers and business colleagues. Brian Bennett, President of Highlands, shared, “While every award is a source of pride for us, being recognized in the #1 spot for 2023 is an incredible achievement for the Highlands team. It underscores how deeply our customers trust us and is truly a testament to our outstanding people that go above and beyond every day to provide a world class home financing experience. We are genuinely grateful for the recognition and will continue to serve all of our communities across the country at the highest level.” To learn more about the Highlands experience, reach out to Corey Caster, EVP-Chief Production Officer.”

Xactus announced today that Joseph Peterson has been named Chief Financial Officer.

(Remember: employers can view posted resumes for several months for a nominal charge and job seekers can post their resumes for free on www.lendernews.com.)

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Source: mortgagenewsdaily.com

Apache is functioning normally

June 26, 2024 by Brett Tams

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