Ager and Davis lift Spartans

first_imgEAST LANSING, Mich. – Maurice Ager scored 28 points and Paul Davis had 23 points and 10 rebounds to lead Michigan State to its first Big Ten win. The Spartans (13-4, 1-2) bounced back from two straight double-digit losses because Ager and Davis were tough to stop after struggling in those setbacks. Ager and Davis combined for 34 points in the games at No. 7 Illinois and No. 21 Wisconsin. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGift Box shows no rust in San Antonio Stakes win at Santa Anita Michigan State pulled away with a 10-0 run that made it 76-60 lead with 3:34 left. “It’s a no-brainer, we can’t win if me and Paul both play bad,” Ager said. Marco Killingsworth had 27 points and Robert Vaden added 20 for the Hoosiers (10-3, 2-1), who had won six straight and reached their highest ranking since Dec. 16, 2002. center_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Mortgage Fraud Reports Down in Q2 as Overall Filings Increase

first_img October 9, 2012 445 Views Agents & Brokers Attorneys & Title Companies FinCEN Investors Lenders & Servicers Mortgage Fraud Processing Service Providers Treasury Department 2012-10-09 Tory Barringer Mortgage Fraud Reports Down in Q2 as Overall Filings Increase in Government, Origination, Servicingcenter_img Share Mortgage fraud reports dropped year-over-year by more than 40 percent in the second quarter even as total suspicious activity rose, the “”Financial Crimes Enforcement Network””:http://www.fincen.gov/ (FinCEN) reported in a “”release””:http://www.fincen.gov/news_room/nr/files/MLFUpdateQ22012_FINAL508.pdf.[IMAGE]The network, a bureau of the “”Treasury””:http://www.treasury.gov/Pages/default.aspx, revealed that 17,476 filers submitted mortgage loan fraud (MLF) suspicious activity reports (SARs) in the year’s second quarter, a 41 percent drop from 29,558 reports during the same period in 2011. Reports related to MLF made up an 8 percent share of all SAR reports, down from 15 percent in Q2 2011.While mortgage fraud reports did fall, their shrinking share of all SAR reports can also be attributed to an overall increase in reported suspicious activity. FinCEN reported that Q2 2012 saw 220,854 SARs, up 9 percent year-over-year from 203,468.[COLUMN_BREAK]According to the report, filers seem to have shifted their focus from relatively recent activities to more dated actions. Fifty-six percent of all MLF filings described activities that occurred at least five years prior, compared to 25 percent of filings the previous year. The increase in very dated SARs may indicate filers are still working through the backlog of bad loans originated in 2006-2007, FinCEN said.Filers included loss amounts in only 14 percent of Q2’s reports, up year-over-year from 11 percent. Most of those reports were for losses under $500,000. FinCEN did not include data on recovered amounts, as very few institutions reported recoveries.In the top 50 most populous metros reviewed, Los Angeles ranked highest for MLF reports both by volume and per capita. The top 10 most active MLF areas (based on per capita rankings) actually included six California metro areas, followed by two in Florida and one each in Nevada and Arizona.The report also included a section on “”foreclosure rescue scams””:http://www.dsnews.com/articles/reports-of-foreclosure-rescue-scams-on-rise-fincen-2012-10-09, which made up 8 percent of all MLF reports in the second quarter. FinCEN revealed that even as mortgage fraud fell, foreclosure rescue scams increased to nearly match the number of reported scams reported in all of 2011. If that increase continues at the current pace, FinCEN expects foreclosure rescue SARs will “”far exceed”” the number registered in 2011.last_img read more

Danish SIN Electric Car ReEnvisions City Travel

first_imgA lightweight, small city EV worth called SIN?Danish bike manufacturer Biomega introduced a concept electric car called SIN. It’s 4-door, 4-seat CUV-type vehicle in Scandinavian design style, that comes with 4-motors (60 kW total) and 20 kWh battery for up to 160 km (100 miles) of range.The secret of SIN is in the curb weight of just 950 kg (including a 200 kg battery) that enables it to use a small battery. Moreover, 6 kWh out of 20 kWh is removable (three 2 kWh modules) – “allowing the battery to be replaced on the move, and extra distance to be covered between charges”.If  Biomega decides to launch it into production, then SIN is expected in 2021-2023.See Also Denmark Plug-In Vehicles Sales Tank As Subsidies Vanish 5 photos Author Liberty Access TechnologiesPosted on November 7, 2018Categories Electric Vehicle News “SIN creates a new open-wheel vehicle typology that allows for a flat floor and easy maneuvering in tight urban spaces, while the invention of a fascia window maximizes road view.SIN is designed to be built using state-of-the-art lightweight composites, including a world-first use of modular carbon fiber for high volume automotive production. Through uncluttered interior, the car rejects superfluous styling in favor of low cost, comfort and sustainability.”See video here.Base Specs (preliminary):Price: €20.000Max. power in kW: 60 kW (82 hp)Max. torque in Nm: 160 NmAcceleration 0 – 100 km/h (62 mph): 13 sTop Speed in km/h: 130 km/h (209 mph)Range in km: 160 km (100 miles)Battery capacity in kWh: 20 kWh (14 + 6 kWh removable)Battery weight: 200 kgBattery weight kg/kWh: 10kg / kWhPower consumption: 11 kWh / 100 kmKerb weight: 950kgStructure CFRP body shell structure with aluminum crossbeamsMotors 4 in-hub motors on external wheelsBattery Pack Main battery pack on floor + modular swapping battery systemcenter_img Denmark Embraces Electric, Moves To Ban Diesel & Gas Source: Electric Vehicle News Following Tesla Sales Crash, Denmark Reconsiders EV Incentiveslast_img read more