ABCU Commencement Speaker Challenges Graduates

first_imgA cross-section of the graduates.Dr. Dennis S. N. Walker, speaker of the 17th Commencement Convocation of the African Bible College University (ABCU), has challenged the graduates to take their acquired education as something serious, “because those are the tools anyone would want to use to impact the society.”Dr. Walker, a 1988 graduate of the college, informed the recent graduates that a well prepared person is among those who are impacting the society. Therefore they should engage in meaningful activities to benefit their respective communities.“Your education at ABCU is to make you as an irrevocable property to benefit you, your community, which should be the first among your friends and neighbors,” he said.Speaking on the theme, “Prepare for Impacted Service,” Dr. Walker encouraged the graduates to place themselves among those that are working as humanitarians.He added, “your being prepared and ability to serve are actions that usually emanate from your mindset as an educated person,” Walker informed the graduates.ABCU 2019 Commencement Keynote Speaker, Dr. Dennis Dee Nyamieh WalkerHe meanwhile called on management of Arcelor Mittal Company to provide full time electricity on the campus to meet the students’ needs of attaining quality education. He also spoke of the needs for the government to improved its subsidy to the institution by providing scholarship for the students.He also called on the government to push for an improved subsidy to the institution, and also provide scholarship for the students.The ABCU graduated 20 students in three disciplines, including Biblical Studies, Education and Mass Communication, with education topping the list with 14 graduates. The Mass Communication Department graduated 4 and the Biblical College, one.ABCU president, Dr. Beauchamp, then encouraged the graduates to emulate the good example of the Prophet Daniel, so as to live a victorious Christian life, referencing them to Daniel 8:1 in the Holy Bible.Meanwhile, ArcelorMittal-Liberia Community Liaison Officer, Varney Kiazulu, has called on the institution to include the science courses in its curriculum.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Despite Declines Originator Rankings Little Changed in Q1

first_img Share Bank of America JPMorgan Chase Nationstar Ocwen Quicken US Bank Wells Fargo 2014-05-19 Tory Barringer in Daily Dose, Featured, Headlines, News, Origination, Servicing The decline in mortgage production in the year’s opening months failed to produce any names to the list of top lenders for the quarter, but it did shake up the rankings a bit.According to data collected and released Monday by Mortgage Daily, first-quarter origination dollar volume came to an estimated $252 billion, a 25 percent drop from the prior quarter and the third straight quarterly decline.As already seen in their earnings reports for Q1, many of the nation’s top lenders have taken losses on the mortgage banking side as a result of the downward trend, which itself could be blamed on falling demand and restrictive loan standards.Staying firmly in the No. 1 spot for the quarter was Wells Fargo, which held on to 14.3 percent of the market with $36 billion in origination volumes, down from $50 billion in Q4 2013.JPMorgan Chase followed, staying in the second-rank spot with $18 billion.While the rest of the pack remained the same from the previous period, their order has been shuffled: Tying for third place were Quicken Loans and Bank of America, each producing about $11 billion in loans, while U.S. Bank slipped to fifth place with $9 billion.Missing from the latest quarterly list were a number of smaller firms who refused to report data, “all which reported … when times were good,” according to Mortgage Daily.Just like in Q4, Stonegate Mortgage was the only company to report a quarterly improvement in production, reflecting its acquisitions of Crossline Capital, Medallion Mortgage, and Nationstar’s wholesale business.On the servicing side, Wells Fargo again beat out all others, boasting a portfolio estimated at $1.81 trillion.Chase and BofA followed with portfolios of $970 billion and $780 billion, respectively.Ranking fourth and fifth were non-bank servicers Ocwen ($392 billion) and Nationstar ($384 billion), who have each seen their growth stymied by heightened scrutiny from New York’s superintendent of financial services, Benjamin Lawsky. Both companies have pledged to work with Lawsky’s office to dispel allegations of mistreating customers and ease concerns of their quick growth over the last year.Going by Fannie Mae’s estimate of $9.863 trillion in home loans outstanding, Mortgage Daily estimates market share at the top 10 biggest servicers slipped again to 56.1 percent, a drop of 1.3 percentage points.center_img May 19, 2014 479 Views Despite Declines, Originator Rankings Little Changed in Q1last_img read more