Poll: Homeownership is Low on the Priority List

first_img in Daily Dose, Featured, Market Studies, News  Print This Post Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Poll: Homeownership is Low on the Priority List The Week Ahead: Nearing the Forbearance Exit 2 days ago January 5, 2017 1,223 Views Aly J. Yale is a freelance writer and editor based in Fort Worth, Texas. She has worked for various newspapers, magazines, and publications across the nation, including The Dallas Morning News and Addison Magazine. She has also worked with both the Five Star Institute and REO Red Book, as well as various other mortgage industry clients on content strategy, blogging, marketing, and more. The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Financial Priorities Homeownership 2017-01-05 Brian Honea Share Savecenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Aly J. Yale Home / Daily Dose / Poll: Homeownership is Low on the Priority List Related Articles If a recent poll is any predictor, 2017 may be a drab year for homeownership.According to the recent December Financial Literacy Opinion Index conducted by the National Foundation for Credit Counseling (NFCC), only 10 percent of Americans say buying a home is their top financial priority in the new year.A whopping 80 percent of respondents say paying down debts is their No. 1 concern—far and away the top choice among financial priorities—while another 5 percent say growing their personal savings is their top choice.The NFCC cites consumer confidence and more frequent credit card use, particularly around the holiday seasons, as a large part of the poll’s results.“It’s a sobering moment when the credit card bill arrives in January and reveals a mountain of debt fueled by holiday spending,” said NFCC spokesman Bruce McClary. “January is a good time for planning to get debt under control before it becomes unmanageable.”Rounding out the list of financial goals for 2017 were buying a car, which 2 percent of respondents say is their highest priority, and “none of the above,” which accounted for another 2 percent, according to NFCC.NFCC conducted the recent Financial Literacy Opinion Index throughout the month of December on its website, NFCC.org. A total of 1,834 individuals participated.While homeownership may not be a top priority for many Americans who are deeply in debt, another recent poll showed that the desire to own a home is there. A survey of more than 2,800 registered voters conducted by the National Association of Home Builders (NAHB) found that 81 percent of 18- to 29-year-olds want to buy a home, and 36 percent of all respondents would like to buy a home in the next three years.“The survey shows that most Americans believe that owning a home remains an integral part of the American Dream and that policymakers need to take active steps to encourage and protect homeownership,” said NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Illinois.Having enough money for a down payment was not the biggest obstacle to achieving homeownership in the NAHB survey, however. Fifty-five percent said that finding a home that was sufficiently priced was the biggest barrier, compared to 50 percent for the down payment.To see the full results of the NFCC poll, read the entire NFCC announcement. Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Financial Priorities Homeownership Previous: Crossing Over to a New Accounting Standard Next: Ohio and Kentucky Law Offices Become One Firm Servicers Navigate the Post-Pandemic World 2 days ago Subscribelast_img read more

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How cross-selling can maximize your auto lending

first_img 14SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Veronica Martinez Ronni Martinez joined SWBC in 1998 and is currently the Vice President of Specialty Auto Products for SWBC’s Financial Institution Group. Prior to joining SWBC, she held positions in … Web: www.swbc.com Details If your credit union doesn’t already take advantage of tax season to rev up auto loan promotions, now is a good time to start. According to the IRS, so far, the average tax refund is $3,034, a 3% increase from this time last year. In addition, in 2014 car sales rose between January and February, peaking around May for most manufacturers, according to Edmunds. If your members are in the market for new wheels and have an influx of extra cash, chances are they will turn to you for their auto lending needs.Running a targeted auto lending campaign during tax season is a smart move that could potentially result in increased loans on the books, but you don’t have to stop there! While interest income is typically a big goal for our financial institution clients, additional fee income—combined with the opportunity to increase member loyalty—should be a close second. Cross-selling to your current members should give your sales staff an advantage—those clients have already placed their​ trust in your institution, so they are an obvious market for cross-selling point of sale or complimentary insurance products. We’ve identified three reasons why we believe cross-selling can not only maximize your auto lending strategy, but could potentially be key in the future of your credit union’s success:Increased Member LoyaltyIn a time when the field of competition in the financial service provider arena is fierce—large banks and institutions, pay day lenders, community banks, and even insurance companies—credit unions are in a position where offering a low rate is no longer enough to keep their members. Consumers are looking for true value in their financial service provider. Providing your members with not only a low rate auto loan, but also the option to add products that can protect and insure their auto investment, can save them thousands in the event of a mechanical breakdown, make payments on their loan in the event of a disability or job loss, and much more. You’d be surprised to find out how many consumers don’t know that there could be a shortfall between their insurance payout and their loan in the event of an auto accident.When a tragedy such as an accident occurs, the last thing your member wants to hear is that they still owe thousands of dollars on a vehicle that they can no longer drive. If, instead, you are the bearer of good news—informing them that thanks to the GAP with PowerBuy policy that they purchased from you when they closed on their loan, they not only have their balance paid in full, but also have funds for a down payment on a new vehicle—your credit union will be the hero. These kind of positive interactions lead directly to increased member loyalty.Increased Fee IncomeAs I mentioned earlier, the majority of our clients’ bread and butter most assuredly comes from interest income. However, when providing your members with the option to purchase vehicle protection products that can protect their investment–and in some cases their livelihood–and earn fee income as a byproduct, well, it’s a win-win for everyone. Cross-selling a complimentary insurance or vehicle protection product at the close of every loan will lead to increased fee income and perhaps help keep rates lower for your members, making your auto loan offering more competitive. Not every member will take advantage of the benefits of one (or more) of these products, but some will, and the more well-versed and confident your sales staff gets at selling the advantages of purchasing from you—their trusted financial partner—the higher sales will be, resulting in even more fee income on top of your anticipated auto interest income.Improved ServiceImproving member services goes hand-in-hand with increasing member loyalty. Depending on the culture of your credit union, “selling” or “pushing” products at members may not seem like a way to improve service, but I’d argue that it’s time for a new school of thought. Consider your role as a financial educator and think of it this way: how many of your members would lose their job if their vehicle was totaled and they couldn’t afford to get a new one to back and forth from work? How many of your members might be paying hundreds of dollars more for auto insurance because they didn’t have the option to work with an agent that could shop carriers on their behalf? How many of your members could lose their vehicle and have their credit score ruined if they lost their job or became disabled and could no longer make their vehicle payment? Providing your members with the option to invest in products that could potentially save them from a financial disaster is the epitome of great service.If you’re looking for a way to maximize your auto lending and increase member loyalty, check out GAP with PowerBuy™, the newest GAP product on the market. As the exclusive provider, we give you the ability to provide your members with a product that can not only pay off the balance of their auto loan in the event of a total loss, but also give them up to $5,000 to finance their next vehicle with your credit union. Click here to learn more about GAP with PowerBuy!last_img read more

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Alvarado wreaks Havoc at Aztec

first_imgAZTEC, N.M. (March 27-28) – The lower line took Ricky Alvarado to the $1,200 checkers on Friday at Aztec Speedway.He followed the top groove to a $2,000 payday on Saturday.Alvarado swept IMCA Xtreme Motor Sports Modified features during the Havoc On the Plains Showdown Weekend. Along with a $3,200 share of the purse he went home with a 70cc dirt bike for winning Friday’s dash for cash.“I’ve won a lot of races before but I’ve never won a dirt bike,” Alvarado said. “That was pretty cool.”He’d started seventh in the 25-lapper on Friday. After seeing how the track was changing, Alvarado changed gears right before the start of the feature.Using the low line, he passed Aaron Spangler for the lead on the eighth circuit. Carburetor issues and cautions kept the contest close before Alvarado beat Zane DeVilbiss across the stripe by two car lengths.Ryan Gaylord, Regan Tafoya and Brody Spangler completed the top five.Alvarado drove from eighth starting toward the front after struggling with a tight car early in Saturday’s 40-lap feature. He again caught Aaron Spangler for the lead, this time on lap 11, and ran the high side on a track that stayed fast to the finish.Gaylord, DeVilbiss, Aaron Spangler and Tafoya were scored next.“It was a good weekend for us,” Alvarado said following IMCA career wins numbers 84 and 85. “Because of family and work commitments, I’ll race every now and then this season, maybe once or twice a month. We won’t chase points or win number 100. When that comes, it’ll come.”First in $400 to win feature events for IMCA SportMods went to Jordan Eddleman on Friday and to Jesse Baldwin on Saturday.Eddleman started third, took the lead on the third circuit, stuck to the lower line and stayed in front to the end of the opening night 25-lapper. Multiple cautions prevented lapped traffic from hindering Eddleman’s dash to the checkers.Joey Klemish and Robert Gallegos were second and third, respectively.Baldwin found the higher line to his liking after starting sixth on Saturday. While most of the rest of the field hugged the infield tires, he worked his way into the lead on the 15th of 20 laps and held off Eddleman and Rex Higgins following a late restart.Both IMCA Modified and SportMod features were Border States Racing Series and Blood, Sweat and Tears Series events.Feature ResultsMarch 27 – 1. Ricky Alvarado; 2. Zane DeVilbiss; 3. Ryan Gaylord; 4. Regan Tafoya; 5. Brody Spangler; 6. Garrett Loudon; 7. Michael Hale; 8. Derrall Bradford; 9. Aaron Spangler; 10. Eddie Martin; 11. Beau Speicher; 12. Casey Delp; 13. Shane DeVilbiss; 14. Bryan Wordelman; 15. Joe Miller; 16. Jody Cornell; 17. Wade Taylor; 18. Danny Bradford; 19. Bubba Alvarado; 20. Donald Robinson; 21. Tyrone Yazzie; 22. Chase Ruble; 23. Christian Johnson; 24. Nick Nelson.March 28 – 1. Ricky Alvarado; 2. Gaylord; 3. Zane DeVilbiss; 4. Aaron Spangler; 5. Tafoya; 6. Hale; 7. Delp; 8. Bubba Alvarado; 9. Charles Felker; 10. Taylor; 11. Johnson; 12. Loudon; 13. Cornell; 14. Danny Bradford; 15. Shane DeVilbiss; 16. Brody Spangler; 17. Rick Spangler; 18. Speicher; 19. Martin; 20. Robinson; 21. Derrall Bradford; 22. Bill Butcher; 23. Wordelman; 24. Eddie Farley.last_img read more

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New directors of Annenberg strive for diversity, cross-collaboration

first_imgIt has now been eight months since Wallis Annenberg Hall first opened its doors, and along with the five-story, 88,000 square foot headquarters for the Annenberg School for Communication and Journalism, came the two women at its helm —Sarah Banet-Weiser, director of the School of Communications, and Willow Bay, director of the School of Journalism — who assumed their roles just before the start of the 2014-2015 academic year.In their time since taking office, they’ve strived to steer the massive ship that is the Annenberg school into the unchartered waters of the rapidly changing media world.“Every time you have a change in leadership, you have an opportunity to shift the direction of the department,” Banet-Weiser said.TWO WORLDS, ONE TEAM  Banet-Weiser first arrived at the University Park campus as an assistant professor in 1999. In the 15 years since then, she quickly became an integral cog in the Annenberg machine, one that has worked to surge the school’s reputation alongside the greater university.In 2014, when Banet-Weiser’s predecessor Larry Gross chose to step down after 11 years in the role, he specifically sought out Banet-Weister as his successor. Gross believed she synthesized the innate benefits of an inside hire with a passionate commitment to diversifying the communication program, and lauded her first year in the position.“She’s doing a terrific job, which is what I expected,” Gross said. “Sarah came up through the ranks, she knows the school well, she knows all the players, and my part in all of this was realizing a few years ago she was the best person to do the job.”And alongside the communication director’s appointment was Bay, an outside hire with two decades of broadcast experience as an anchor and correspondent on ABC, CNN and NBC, as well as an array of other cable networks. Most recently, she was a senior editor for the Huffington Post and a special correspondent for Bloomberg Television.Upon her appointment, then USC Provost Elizabeth Garrett remarked that Bay’s arrival “…mark[ed] a moment of transformation for our School of Journalism.”But the most transformative marker of Annenberg’s past year is the synergy that has formed between the school’s two department heads, something unexpected considering the differing worlds between the academia and practice.“I didn’t know Willow, so I couldn’t imagine what it would be like to partner with someone and it’s just been working out really well,” Banet-Weiser said.Sarah Banet Weiser (left) and WIllow Bay (right) believe they’ve brought a new energy to the Annenberg School, something they’ve noted parents, students and alumni have picked up on. (Mariya Dondonyan / Daily Trojan)The two shared how parents, students and alumni alike have witnessed, caught on and fed off the two’s energy. Banet Weiser jokingly refers to their appearances together as the ‘Willow and Sarah Show,’ and Bay affectionately calls Banet-Weiser her “academic advisor,” a modest nod in deference to the latter’s longtime Annenberg career.“Sarah and I very visibly function as a team,” Bay said. “And I think, frankly, faculty and students just see that partnership and that sense of team work and it becomes the norm. I think that’s the new norm here.”COLLABORATION AMONG FRIENDS Ushering in a new era at Annenberg with their burgeoning partnership, both Bay and Banet-Weiser sought to expand the cross collaboration between their two departments early on.“When you have two new directors who like working together and have very similar ideas, it makes a lot more sense to do cross-school collaboration,” Banet-Weiser said.The duo has formalized classes into the curriculum that combine the faculty and knowledge of both schools. One class, for example, Bay and Banet-Weiser will be jointly teaching: a Maymester course which will take a group of students to New York City to study and visit the centers of communication, journalism and public relations. Some of the proposed stops are ABC News, The New York Times and NBC Universal.One class that concerned navigating media and news in the digital age, Bay said, was so successful that it will likely be part of the journalism school’s revamped undergraduate curriculum in the near future.And in keeping with Annenberg’s first year of having two women directors, the two have placed considerable stress on diversity, developing the Institute for Diversity and Empowerment at Annenberg (IDEA), a research center which examines inclusivity across media industries.“I think we’re a very visible framing of a new face and a more diverse face in what has traditionally been the senior leadership of the school,” Bay said.Sarah Banet-Weiser and Willow Bay discussed with Daily Trojan Managing Editor Matt Lemas their first year as directors, specifically their burgeoning collaborations between the Journalism and Communication department. (Mariya Dondonyan / Daily Trojan)The tandem between an outsider and an insider, they said, has often proved beneficial: Banet-Weiser’s background in Annenberg had her more equipped in navigating channels of hierarchy and knowing what is “allowed” within the school, while Bay has brought a new wave of thinking that Banet-Weiser says “challenge dominant traditions.”Overall, the two shared that a feeling of great change has encapsulated the school, both in tangible and atmospheric means. Such a feeling can be expected in the face of new management and new infrastructure, but what has surprised them both was how willing their cohorts were to get beside them in this transformation, to follow the march of the school’s new direction toward media convergence and curriculum shifts.“People were very eager to embrace change, more than I expected,” Bay said. “People were eager to seize the opportunity of the new building and the new program, to relinquish their fiefdoms, break through the silos of their individual platforms and collaborate.”THE WORLD AHEADAs Annenberg’s seniors graduate this week and enter the workforce, their degrees will undergo a more discerning eye. Banet-Weiser and Bay are confident recruiters will look favorably upon majors that they believe provide a transferrable skill set based in the most fundamental human activity: communication.“Communication is seen as broad discipline because it is a broad discipline,” Banet-Weiser said. “But the opportunities it provides are very far reaching. It’s hard to brand communication, but the reasons why it’s hard to brand it as a discipline defines its richness.”And the journalism world has faced an upheaval in the past decade, as print revenues sour and readers increasingly digest their news in rapidly changing ways. Media consumption is heavy through the use of computers, mobile and tablet, but often lacking in sufficient revenue. It has provided a consistent challenge for professional journalism schools to match their curriculum to this shifting media landscape, as well as prove to students and their parents that their school’s arsenal is a worthwhile investment.Bay, however, is not scared. Confident in the degree’s worth,  she boldly noted the benefits of a journalism degree:  its skills of research, contextualization, verification, communication and dissemination to a global audience.“You need to tell me what that doesn’t prepare you to do in this world,” she said.last_img read more

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South Africa’s largest maize crop in history

first_imgThe country’s largest maize crop is expected later this year, says the Department of Agriculture. We look at the positive effects of this on exports and food security.South Africa is expecting its largest maize crop in history in 2017, says the Department of Agriculture. (Image: Brand South Africa)Brand South Africa reporterSouth Africa could expect its largest maize crop in the country’s history, said the Crop Estimates Committee of the Department of Agriculture, Forestry and Fisheries (Daff).The yield of maize is expected to be just more than 15-million tons, 101% higher than the 2016 crop, despite the drought.“The three main maize producing areas, namely the Free State, Mpumalanga and North West provinces, are expected to produce 83% of the 2017 crop,” said the department.The bumper harvest is expected to have a knock-on effect on food prices, by bringing them down.Drought reliefDespite the recent drought in Southern African, caused by the El Niño climate phenomenon, there was more than double the average recorded rainfall in January and February, according to local weather services.In November 2016, Daff also received R212-million from the National Disaster Centre for drought relief efforts for farmers.Earlier this month, it provided an update on the money spent.“With the allocated funds, Daff has managed to assist 74,335 farmers. Currently, Daff has distributed 613,481 bags of animal feed and 3,790 tons of lucerne.” In total, the department had spent R210-million of the allocated funds.Effect on exports and food securitySurplus maize would most likely be exported, said Grain South Africa. “Japan, South Korea and Taiwan, those are three countries that have ordered a lot of maize from South Africa,” Grain South Africa CEO Jannie de Villiers told Reuters.South Africa’s domestic consumption of maize was approximately 10.5-million tons, he said. Anything over that could be exported, showing the resilience of the country’s agriculture sector.The increased harvest could also improve food security in South Africa.The World Health Organization (WHO) defines food security as a state in which all people in society have enough food always for an active and healthy life. “Food security as an umbrella term includes the availability of food that is nutritious and safe, and an assured ability to procure and acquire food of good quality in a socially acceptable way.”After a 10-year study, which started in 1999, the WHO concluded that food security in South Africa had increased. It cited government programmes such as feeding schemes in schools and social grants as positively contributing to people having more food.“Although the measures and programmes initiated by the South African government appear to be beneficial, they need to be run more effectively to further alleviate food insecurity,” the report read.Statistics South Africa found similar results in its 2016 General Household Survey. “The percentage of South African households with inadequate or severely inadequate access to food decreased from 23.9% in 2010 to 22.3% in 2016,” the organisation said.“The percentage of households that experienced hunger decreased from 23.8% to 11.8% while the percentage of individuals who experienced hunger decreased from 29.3% to 13.4% over the same period.”Other harvest grainsThe remaining grain forecast is largely unchanged, except for dry beans.Sunflower seeds remain unchanged at 853,470 tonsSoybeans remain unchanged at 1.2-million tonsGround nut crop remains unchanged at 86,600 tonsSorghum remains unchanged at 153,480 tonsDry beans increase by 1.94% to 68,450 tonsSources: Daff, World Health Organization, Stats SA Would you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

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The Small Business Handbook gives guidance to aspiring entrepreneurs

first_imgAn international businesswoman, consultant and mentor, Nokwazi Mzobe is playing her part and sharing her deep experience with current and aspiring South African entrepreneurs in her new book, The Small Business Handbook.Already established in the world of global entrepreneurship, consultant and business mentor Nokwazi Mzobe is sharing her knowledge and expertise with South Africa’s new generation of aspiring businesspeople. (Image supplied)Mathiba MolefeBusinesswoman Nokwazi Mzobe is sharing her wealth of international experience with the new crop of ambitious South African entrepreneurs in her new book, The Small Business Handbook.The guide was launched earlier this month at Nu Metro Cinemas in Hyde Park, drawing a range of high-profile guests. Minister of Home Affairs Hlengiwe Mkhize gave the keynote address, with the backing of MCs Anele Mkuzo-Magape and Gugu Nkabinde.“Looking back on my adventure as an entrepreneur, I always wished there was a single, accessible source in which to find the answers to my questions or solve problems, or at least point me in the right direction,” Mzobe says.“That’s the inspiration behind The Small Business Handbook.”Before Mzobe started Matoyana, her consulting agency, she spent eight years at two Fortune 500 multinational companies operating throughout Africa and the Middle East, where she developed and honed her business skills.Mzobe then decided to take a year off to do her MBA, focusing on entrepreneurship and innovation.This inspired her to establish Matoyana, which allows her to follow her passion for consulting and mentorship services. Her consultancy work enables other entrepreneurs to run successful, sustainable businesses, helping promote a culture of entrepreneurship and innovative thinking in the South African business community.Mzobe says her book is far from being a typical business publication. It is more of a guide, covering 17 critical business-related topics. These include the role of social media in business as well as finance and best practices. She says the book is easy to understand and can be referenced on a daily basis to provide inspiration and practical advice.Beyond just businessMzobe’s willingness to improve people’s lives goes further than just the world of business.Among a number of other endeavours, she has set in motions plans to partner with a local NGO to develop and maintain urban gardens.She says her biggest wish is to improve education in South Africa. Mzobe’s mantra is a quote from media mogul Ellis Watson: “Just be obsessed about being brilliant and the money will come by default rather than by design.”The Small Business HandbookMzobe says her book is far from being a typical business publication. It is more of a guide, covering 17 critical business-related topics.The Small Business Handbook is a tool business owners and aspiring entrepreneurs can refer to for ideas on how to address issues in their businesses. Other topics covered include how to create an ethical business environment, and understanding different revenue strategies.The book is available online through the Matoyana website. Visit their Facebook and Instagram pages for more information.Would you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

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Google Maps Ditches Tele Atlas in Favor of Street View Cars and Crowdsourcing

first_imgRelated Posts frederic lardinois Tags:#Google#news#NYT#web 8 Best WordPress Hosting Solutions on the Market After a flurry of activity around Google Maps over the last few weeks, it now looks like Google is also ditching Tele Atlas as its data provider for Google Maps in the US in favor of a do-it-yourself approach. Google had been using data from Tele Atlas’ maps since September 2008 after moving away from Navteq’s data after Navteq was acquired by Nokia. Now, Google will use its own data, which it will supplement with data from government sources and a crowdsourcing approach.Thanks to its Street View cars, Google already has a pretty dataset for even some of the more obscure locations in the United States, and the company has also recently expanded its efforts to launch more Street View data in other parts of the world. A Web Developer’s New Best Friend is the AI Wai… Why Tech Companies Need Simpler Terms of Servic… Top Reasons to Go With Managed WordPress Hosting Last week’s update to Google Maps introduced new ways to report errors for Google Maps users, so Google is clearly thinking about using a crowdsourcing approach to mapping for Google Maps. Google also announced that it now includes data from a number of US government organizations like the Forest Service and the US Geological Survey in its maps. In the US, the Census Bureau creates a fairly accurate base map, and this data is available freely and represents the core data set for the OpenStreetMap project. With Map Maker, Google also offers an easy-to-use mapping product that even non-geographers can use to create and edit maps and which Google has already employed to let its users create maps for countries where no accurate maps existed until now. While the new maps that were launched last week also include new errors, the overall detail of the maps has clearly increased and now even includes data for the boundaries of land parcels in some municipalities. Why?The question, of course, is why Google plans to make its own maps now. For one, chances are that Google is currently paying Tele Atlas a lot of money for using its maps. Mapping services are notoriously protective of how their data can be used, which is one of the reasons Apple can’t offer turn-by-turn directions in the built-in mapping application on the iPhone, for example. Google probably wants to be free to do whatever it wants with its maps without having to worry about licensing issues. By providing its own maps and an API for others to use these maps, Google could potentially become a major competitor to Tele Atlas and Navteq now, and if Google continues to make these maps easily available to developers without cumbersome licensing restrictions, it could bring radical change to the mapping business.last_img read more

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Sealing Ducts: What’s Better, Tape or Mastic?

first_img Start Free Trial Already a member? Log in Most residential duct systems have numerous leaks that waste energy and lead to room-to-room pressure imbalances. Unfortunately, though, few building inspectors outside of California bother to enforce existing code requirements that residential duct seams be sealed with mastic or high-quality duct tape.Most model codes, including the International Residential Code (IRC), include duct tightness provisions:To learn how to test residential duct systems for leaks, see Duct Leakage Testing.All about masticMost energy-conscious builders seal duct joints with mastic. Mastic is a gooey, non-hardening material with a consistency between mayonnaise and smooth peanut butter. Duct joints should always be secured with #8 sheet-metal screws before seams are sealed with mastic.Sealing duct seams is messy work, so wear old clothes. The mastic is spread over duct seams with a disposable paintbrush, putty knife, or your fingers. (If you spread mastic with your fingers, wear rubber gloves.)Gaps in ductwork or plenums that are over 1/16 or 1/8 inch wide can be sealed with mastic as long as the gap is first reinforced with fiberglass mesh tape. If you’re using mastic to seal seams in fiberglass board ductwork, use fiberglass mesh tape for all joints.Sources of masticManufacturers of mastic include: Hardcast (Versi-Grip 181 mastic), McGill AirSeal (Uni-Mastic 181), Polymer Adhesives (AirSeal #22), RCD Corporation (#6 Mastic), and ITW/TACC (Glenkote mastic).Among the distributors of AirSeal #22 mastic is AM Conservation Group.All about duct tapeSince common hardware-store duct tape — technically known as cloth-backed rubber-adhesive duct tape — fails quickly when used on ducts, most energy-conscious builders seal duct joints with mastic. Although mastic works well on galvanized steel ductwork, it has its disadvantages: it is messy to apply and awkward to use on clamped flex duct joints.According to section 503. of the International Energy Conservation Code (IECC), any tape used on duct board… Sign up for a free trial and get instant access to this article as well as GBA’s complete library of premium articles and construction details.center_img This article is only available to GBA Prime Memberslast_img read more

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Backing Up Libraries in Final Cut Pro X

first_imgBacking up libraries is a quick and easy way to protect your video editing work.If you have ever lost a project file than you can attest to how essential it is to properly backup libraries in FCPX. You could potentially save yourselves hours of wasted work for doing a few seconds of backup preparation. The following video by the always entertaining guys from MacBreak Studio explains how to backup libraries in FCPX, as well as some of the more technical aspects to backing up your files.The video covers:Auto back-upsChanging program defaultsOpening an early iteration of a projectMaking copies of your librariesBacking up files straight to Dropbox As stated in the video you can back up your files straight to Dropbox. This makes a lot of sense for video editors on-the-go, as the file is accessible from anywhere. Dropbox is a free and easy way to back up project files (and any files for that matter) in the cloud. If you become a power Dropbox user (like me) you can always pay for additional space.Thanks MacBreak guys for sharing this useful tutorial!If you have any tips for backing up files in FCPX please share in the comments below!last_img read more

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