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Aquamarine: The Mermaid’s Stone

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Aquamarine: The Mermaid’s Stone

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By Ellie Lewis

It does not matter if you are a fan of artisan jewelry or you have never even heard of the Sundance jewelry catalog, no matter who you are you may be enchanted by the seductive aquamarine. Its beautiful sea-blue or green color ranges quite a lot, and those stones which carry a darker tint are usually more valuable. These darker aquamarines are more difficult to find, as they are rare.

Those born in March are lucky to call the aquamarine their birthstone. According to tradition, this precious stone means many beneficial qualities for the wearer, including good luck, inspiration and knowledge. If the stones are given to the wearer as a gift, they are meant to create security and safety within a relationship. There is also a tradition of giving this stone as a gift on a couple’s 19th wedding anniversary.

[youtube]http://www.youtube.com/watch?v=fXIBcTA1RQY[/youtube]

There is a great deal of mythology associated with the aquamarine. This light-colored stone is reminiscent of clear, cool water and even its name comes from the Latin meaning ‘water of the sea.’ This sea water stone was once believed to have come directly from the treasure chests of mermaids. Because of this, sailors have always held the aquamarine in a place of high esteem; it was thought to bring luck to a sea voyage. Ancient sailors believed that the clear stone would create a safe voyage and prevent any sea sickness. To further its connection to the sea, the aquamarine is associated with the Roman sea god and planet Neptune.

The people of the Middle Ages believed that the aquamarine had some kind of power to battle the negative effects of poison. The precious stone was also thought to increase one’s youthful vitality and intelligence, and it was held to be a suppressant for anxiety. Other ancient peoples believed that soaking this stone in water would lead to a cure for everything from hiccups to eye troubles. The aquamarine was also thought to serve as a means to communicate with otherworldly spirits; it was believed that if you held one in your mouth, you could ask the spirits for answers regarding life’s most intricate problems.

This stone was often fashioned into amulets to be worn around the neck, because the aquamarine was considered to serve as a protectorate for the throat. Even today those who believe in the healing powers of gemstones believe that the aquamarine is the great healer of the throat. A member of the beryl family like the emerald, the aquamarine can be mined in regions spread across the globe such as in Zambia, Kenya, Sri Lanka, Nigeria, Zambia, Pakistan, Afghanistan and Russia. The Santa Maria aquamarine called so because of the location from which it is mined in Brazil is known as having a rich blue color, and is among the most prized of these stones. Aquamarines are not as expensive as diamonds but they have certain hardiness to them leading the stone to sometimes be called the poor man’s diamond. This clear, bluish stone is damage-resistant and easy to clean.

About the Author: Ellie Lewis bought some

artisan jewelry

as gifts for her friends. She loved the

Sundance jewelry

she found online.

Source:

isnare.com

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  • 16 Mar, 2021
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Ingrid Newkirk, co-founder of PETA, on animal rights and the film about her life

Tuesday, November 20, 2007

Last night HBO premiered I Am An Animal: The Story of Ingrid Newkirk and PETA. Since its inception, People for the Ethical Treatment of Animals (PETA) has made headlines and raised eyebrows. They are almost single-handedly responsible for the movement against animal testing and their efforts have raised the suffering animals experience in a broad spectrum of consumer goods production and food processing into a cause célèbre.

PETA first made headlines in the Silver Spring monkeys case, when Alex Pacheco, then a student at George Washington University, volunteered at a lab run by Edward Taub, who was testing neuroplasticity on live monkeys. Taub had cut sensory ganglia that supplied nerves to the monkeys’ fingers, hands, arms, legs; with some of the monkeys, he had severed the entire spinal column. He then tried to force the monkeys to use their limbs by exposing them to persistent electric shock, prolonged physical restraint of an intact arm or leg, and by withholding food. With footage obtained by Pacheco, Taub was convicted of six counts of animal cruelty—largely as a result of the monkeys’ reported living conditions—making them “the most famous lab animals in history,” according to psychiatrist Norman Doidge. Taub’s conviction was later overturned on appeal and the monkeys were eventually euthanized.

PETA was born.

In the subsequent decades they ran the Stop Huntingdon Animal Cruelty against Europe’s largest animal-testing facility (footage showed staff punching beagle puppies in the face, shouting at them, and simulating sex acts while taking blood samples); against Covance, the United State’s largest importer of primates for laboratory research (evidence was found that they were dissecting monkeys at its Vienna, Virginia laboratory while the animals were still alive); against General Motors for using live animals in crash tests; against L’Oreal for testing cosmetics on animals; against the use of fur for fashion and fur farms; against Smithfield Foods for torturing Butterball turkeys; and against fast food chains, most recently against KFC through the launch of their website kentuckyfriedcruelty.com.

They have launched campaigns and engaged in stunts that are designed for media attention. In 1996, PETA activists famously threw a dead raccoon onto the table of Anna Wintour, the fur supporting editor-in-chief of Vogue, while she was dining at the Four Seasons in New York, and left bloody paw prints and the words “Fur Hag” on the steps of her home. They ran a campaign entitled Holocaust on your Plate that consisted of eight 60-square-foot panels, each juxtaposing images of the Holocaust with images of factory farming. Photographs of concentration camp inmates in wooden bunks were shown next to photographs of caged chickens, and piled bodies of Holocaust victims next to a pile of pig carcasses. In 2003 in Jerusalem, after a donkey was loaded with explosives and blown up in a terrorist attack, Newkirk sent a letter to then-PLO leader Yasser Arafat to keep animals out of the conflict. As the film shows, they also took over Jean-Paul Gaultier‘s Paris boutique and smeared blood on the windows to protest his use of fur in his clothing.

The group’s tactics have been criticized. Co-founder Pacheco, who is no longer with PETA, called them “stupid human tricks.” Some feminists criticize their campaigns featuring the Lettuce Ladies and “I’d Rather Go Naked Than Wear Fur” ads as objectifying women. Of their Holocaust on a Plate campaign, Anti-Defamation League Chairman Abraham Foxman said “The effort by PETA to compare the deliberate systematic murder of millions of Jews to the issue of animal rights is abhorrent.” (Newkirk later issued an apology for any hurt it caused). Perhaps most controversial amongst politicians, the public and even other animal rights organizations is PETA’s refusal to condemn the actions of the Animal Liberation Front, which in January 2005 was named as a terrorist threat by the United States Department of Homeland Security.

David Shankbone attended the pre-release screening of I Am An Animal at HBO’s offices in New York City on November 12, and the following day he sat down with Ingrid Newkirk to discuss her perspectives on PETA, animal rights, her responses to criticism lodged against her and to discuss her on-going life’s work to raise human awareness of animal suffering. Below is her interview.

This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.

Contents

  • 1 The HBO film about her life
  • 2 PETA, animal rights groups and the Animal Liberation Front
  • 3 Newkirk on humans and other animals
  • 4 Religion and animals
  • 5 Fashion and animals
  • 6 Newkirk on the worst corporate animal abusers
  • 7 Animal Enterprise Terrorism Act
  • 8 Ingrid Newkirk on Ingrid Newkirk
  • 9 External links
  • 10 Sources
Retrieved from “https://en.wikinews.org/w/index.php?title=Ingrid_Newkirk,_co-founder_of_PETA,_on_animal_rights_and_the_film_about_her_life&oldid=4381126”
  • 16 Mar, 2021
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Carbon monoxide protects against paralysis in MS mice

Friday, January 26, 2007

Ângelo A. Chora et. al. are reporting in the Journal of Clinical Investigation this week that carbon monoxide (CO) and the heme oxygenase-1 protein protect against the symptoms of multiple sclerosis (MS) in the related mouse model of experimental autoimmune encephalomyelitis (EAE).

Multiple sclerosis is a chronic, inflammatory disease that affects the central nervous system (CNS). Although many patients are largely unaffected by their disease, MS can cause impaired mobility and disability in more severe cases.

The research group from the Gulbenkian Institute in Portugal used the EAE mouse model of MS to study the effects of the Heme oxygenase-1 (HO-1) protein encoded by the HMOX1 gene.

HO-1 knockout mice, lacking both copies of the gene (not producing the protein), showed a more severe progression of the disease compared to wild-type mice, having normal levels of the protein. The symptoms of the disease were reversed when the HO-1 protein expression was induced using cobalt protoporphyrin IX.

During MS attacks the body’s own immune system destroys the myelin sheath surrounding nerve cells in the brain and spinal cord. Pathogenic T helper cells are triggered by Antigen-presenting cell (APCs) within the brain stem. The disease can cycle between attacks (relapses) followed by remission, suggesting that there is an underlying regulatory system. The HO-1 protein had been identified previously as a possible candidate for a protective gene.

HO-1 degrades excess heme within the body acting as the rate controlling step when under inflammatory conditions. The HO-1 heme degradation pathway produces as products equal amounts of free heme, carbon monoxide and biliverdin.

Carbon monoxide was also shown to limit the effects of the disease. Mice were exposed to a high concentration of CO for 20 days within a chamber. Mice exposed to CO had limp tails, but were more mobile than the mice in the control experiment which displayed hind limb paralysis.

It is still unknown exactly how carbon monoxide slows down the symptoms of EAE, possibly through the mopping up of free radicals, or through promoting the binding of iron to heme (decreasing radical production).

The experiments found that HO-1 did not affect the development or function of regulatory T cells. For a beneficial effect HO-1 needed to be expressed in dendritic cells, causing inhibition of MHC-II proteins, involved in presenting antigens, and inflammatory cytokines (IFN-?).

These experiments open up new possibilities for MS therapies, involving the expression of HO-1 in suppressing the development of MS.

The article went online on the 25th January 2007 and will be printed in the Journal of Clinical Investigation in February.

Retrieved from “https://en.wikinews.org/w/index.php?title=Carbon_monoxide_protects_against_paralysis_in_MS_mice&oldid=1985388”
  • 14 Mar, 2021
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Taliban in Pakistan captures convoy bound for NATO troops

Thursday, November 13, 2008

On Monday, the Pakistan branch of the Taliban captured a supply convoy of thirteen trucks and two armored Humvees bound for NATO troops, without incurring a single fatality. They made off with millions of dollars worth of sophisticated military equipment, according to The Washington Post.

Approximately 60 masked militants belonging to Tehrik-i-Taliban blocked off part of a roadway in the Khyber Pass. The Taliban forces overran the Pakistani security forces, who were moving the shipment to an American military base, and briefly took the truck drivers prisoner. Although gunfire was exchanged, there were no casualties on either side. After releasing the drivers, the militants opened several captured cargo containers of wheat, distributing most of it to local residents.

The attack, which took place in the North-West Frontier Province, occurred several miles outside the border town of Jamrud. It was celebrated by the victorious fighters who photographed themselves with the captured equipment.

Pakistan’s federal government, which has recently stepped up efforts to contain the lawless tribal province, dispatched helicopters and 500 troops to try and track the hijacked convoy. One local child was killed, and four civilians wounded, by the gunships. The Taliban fighters were reported to have abandoned an American Jeep and one of the Humvees along the road, which were subsequently taken back into possession by Pakistani troops.

The Pakistani newspaper Dawn published a scathing editorial attacking the army’s incompetence and heavy-handed response to the embarrassing loss, referring to the attack as disturbing “both for its audacity and possible implications.”

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  • 12 Mar, 2021
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How Pregnancy Pillows Can Save Your Back!

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By Julia Tanner

Someone that has not been pregnant will never understand the discomfort it sometimes brings. Because the extra weight your body is carrying and the disproportionate manner it is situated, areas of your back, hips, legs, and feet often feel incredible pain and discomfort. However, pregnancy pillows can be used to ease the pain and support the extra weight. Pregnancy pillows can be used to sleep with or during the day to provide extra comfort needed.

Basically, pregnancy pillows are specially designed to fit on certain parts of your body and add support. There are several different types made to fit on your lower back, between your knees or thighs, on your neck, or on your stomach.

As you progress through the stages of pregnancy, it will be more and more difficult to get comfortable. It will likely get to the point that you have a hard time sleeping because every way you lay causes discomfort. As your stomach gets bigger, sleeping on your back will make you feel as though you can not breathe, and, of course, sleeping on your stomach does not work. For these reasons, you will most likely end up on your side. However, the extra weight makes your hips hurt and you are not able to reposition very well. Luckily, pregnancy pillows provide relief!

[youtube]http://www.youtube.com/watch?v=Gd98tnqbbmA[/youtube]

The ideal position is lying on your side with a pregnancy pillow between your knees/thighs and another behind your back. The pillow between your legs offers support and relieves some of the pressure on your hips, while the pillow behind your back allows you to lie back slightly when you want to reposition. This gives you a range of motion and also gives your back a break. This way, you have the option to lie at almost any angle on each side, instead of being restricted.

Sitting for long periods of time also makes your joints ache when you are pregnant. A pregnancy pillow behind the back will also help this, as well as propping the feet up periodically. Some women feel relief from placing a pillow in their laps to support the extra weight of their stomachs. These techniques can also be used when driving to prevent stiffness and discomfort.

There are many models of pregnancy pillows available. Some are made of regular pillow materials, such as cotton or down, and other, more expensive models, are made of memory foam. Take your time and try out the different kinds to pick the most comfortable for you.

About the Author: Julia Tanner is a professional writer. More articles can be found at:

pregnancy pillows

,

pregnancy chat rooms

,

pregnancy stages

Source:

isnare.com

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  • 5 Mar, 2021
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Category:October 21, 2007

? October 20, 2007
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  • 3 Mar, 2021
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NRIs Guide to Pay Low Tax after Property Investment

Non-residents of India (NRIs) face so many complexities in filing for tax return over income earned. If they earn income from rent on Indian property or by selling their immovable land, that is counted as their taxable income. But Tax Exemption Certificate provides facility of paying lower tax rate over their capital gains in a year. 

Many non-residents of India (NRIs) keep so many plans in stock for their retirement. It’s true that their heart beats for the country. That’s why most of them want to spend the rest years of their life after retirement in the native land.

More on property investment tax advice in canberra here

Property management services for NRIs have been introduced more by the government. These allot them more opportunities for feeling ease while purchasing or renting out their property.  However, it is an unhidden fact that the real-estate sector is waiting for improvisations. Diminishing price value of Indian rupee against US dollar is the prime reason to concern before making such investment.   

The constitution of India states that Person of India Origin (PIO) and NRIs can invest their hard core money in immovable property. Before knowing more about their rights, let’s have a look at what immovable property is:

Immovable property: The property other than agriculture land/ plantation property/ farm house falls under immovable property. Such property is available for NRIs to purchase. It can be inherited by them also.

To keep some daunting legalities at bay, the migrants of India should be aware of various provisions made for them, especially the Income Tax Act, 1962 (ITA). Before investing their hard-earned money in property, they have to think about tax saving tricks which come under legal services for NRIs. An NRI should invest in the same as prescription:

  1. Investment in long term capital asset: If you are looking for exemption of gains on transferring capital assets, the ITA offers it. Most of the migrants hold residential property along appurtenant. It is called long term capital asset if they keep it for 36 months or more. Capital gain is calculated by deducting the sale proceeds and acquisition cost, renovation cost and transfer cost. If you make deal of the long term asset in Indian currency, then you cannot take advantage of indexation.
  2. Capital gains account scheme: The migrant should do property investment in capital gains account scheme in the bank. It will be useful for depositing the funds which are not utilized. If you file for tax return under prescribed conditions, the tax exemption will be yours. Otherwise, your income through capital asset will be counted as taxable in the year, if the conditions are infringed.
  3. Tax Exemption on investment in India: If the asset belongs to India, then you have right to ask for exemption in tax. Following prescribed conditions, short term profits that you receive by transferring agriculture land as well as land acquisition for industrial undertaking are categorized for tax exemption.
  4. Tax deduction at source: According to ITA, the NRI has to look if the tax is deducted by the buyer when credited income to his account at the time of payment. The rate of tax deduction is 20 percent (including surcharge and education tax). This deduction is applicable to taxable income of that migrant.
  5. Tax Exemption Certificate for lower tax payment: The migrant should take advice from the tax officer to pay the lower tax rate. The tax exemption certificate is issued by the tax officer that enables him to pay lower tax. OrFree Articles, that NRI can obtain certificate from any CA. This certificate should have tax rate to be deducted.

Source: Free Articles from ArticlesFactory.com

  • 3 Mar, 2021
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Author Amy Scobee recounts abuse as Scientology executive

Monday, October 11, 2010

Wikinews interviewed author Amy Scobee about her book Scientology – Abuse at the Top, and asked her about her experiences working as an executive within the organization. Scobee joined the organization at age 14, and worked at Scientology’s international management headquarters for several years before leaving in 2005. She served as a Scientology executive in multiple high-ranking positions, working out of the international headquarters of Scientology known as “Gold Base”, located in Gilman Hot Springs near Hemet, California.

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  • 2 Mar, 2021
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Navy helping New Orleans pets

Saturday, September 17, 2005

The Spanish word “tortuga” means “turtle.” But in the wake of the New Orleans disaster, the USS Tortuga is helping other animals.

For nearly two weeks now, sailors from Tortuga’s repair division have devoted much of their time during this disaster relief operation to ensure the health and comfort of displaced pets.

September 4th, just after the ship moored to a pier at Naval Support Activity (NSA) New Orleans, HT1(SW) Mark Hanley and DC1(SW) Antony Graves gathered materials from the repair shop on board to construct a kennel along the levee. The facility they made soon became a popular shelter for the homeless animals of the storm.

Tortuga’s search and rescue team brought aboard more than 170 displaced citizens during this past week, providing them with food, water, medical aid and a place to sleep.

Tortuga’s makeshift kennel, named ‘Camp Milo & Otis,’ has housed as many as 90 dogs, eight cats, one rabbit, one guinea pig, a pair of parakeets and a flightless pigeon during the past week of operation.

Currently, there are 14 dogs that remain in Tortuga’s care, as many of the other pets have been taken to animal shelters in the area for extra medical attention, or been claimed by their owners upon arrival to Tortuga. The pets that Tortuga has registered have all been in the hands of professional veterinarians assigned to provide expert medical attention to the members of Camp Milo & Otis.

Dr. Kelly Crowdis and Dr. Latina Gambles, both from Tuskegee University and Christian Veterinary Missions, have treated many of the pets for infection, dehydration, malnourishment and broken bones at the Camp during the past week.

“The animals were bathed and assessed before physical interaction with the sailors,” said Dr. Crowdis. “They’ve been given immunizations, antibiotics and medications based on their medical needs.”

Dr. Crowdis added, “What these sailors have done on their own has been such a heart-warming thing. As an animal lover, it is so comforting to know that everyone cares about the animals in addition to the human lives rescued from the storm. I’m very pleased with these guys for taking the initiative to construct this kennel.”

Graves, Hanley and other members of their division have consistently bathed, fed, walked and given special attention to every dog, every day.

“We play with them,” said Hanley. “We take them out of their kennels to give them attention every day. And we’ll continue to do that for as long as our ship’s mission keeps us here.”

September 11th, the Agricultural Center at Louisiana State University donated supplies to “Camp Milo & Otis” in support of Tortuga’s efforts to help the animal victims.

”We got medical supplies, bowls, food, cages, leashes, collars, toys, cat litter and cleaning supplies from these people yesterday,” said Graves. “It’s nice to know that so many people out there have heard about what our ship is doing, and responded by donating so much to support us the best they can.”

A photo gallery of unclaimed pets is on the USS Tortuga’s web site.

As part of disaster plans, the Department of Homeland Security has also deployed Veterinary Medical Assistance Teams to provide medical care to pets and livestock, as well as provide any needed veterinary medical care for search and rescue dogs.

There are over 3,850 animals being sheltered around the state. If someone is looking for a pet they should contact their nearest Humane Society or go online to http://www.petfinder.org// . More information is also available at http://www.vetmed.lsu.edu//.

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  • 2 Mar, 2021
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Bank of America leads Consumer Financial Protection Bureau complaints about mortgages

Thursday, October 3, 2013

A review this week by Wikinews of US Consumer Financial Protection Bureau (CFPB) complaints about mortgages in the United States shows Bank of America leads all lending institutions in complaints.

Since mortgages complaints were recorded in December 2011, 77,622 total have been added to CFPB’s database. 29.2% of these complaints involved Bank of America, with the second most received by Wells Fargo, accounting for 15.5% of all complaints. JPMorgan Chase ranked third by volume of complaints with 9.8%. Ocwen was fourth with 8.7% and Citibank was fifth with 4.8%. Nationstar Mortgage; Green Tree Servicing, LLC; HSBC; PNC Bank; U.S. Bancorp; OneWest Bank; SunTrust Bank; Flagstar Bank; and Select Portfolio Servicing, Inc. each had between 1.0 and 3.8% of total complaints. The remaining 14.4% of all complaints about consumer mortgages were divided between about 530 other lending institutions.

The Motley Fool reported last month that for the past fiscal quarter, the biggest US based mortgage lenders were from first to fifth Wells Fargo, JPMorgan Chase, Bank of America, Quicken Loans and U.S. Bancorp.

According to the US Federal Reserve, debt for family residences stands at US$10.706 trillion for the second quarter of 2013. As of the end of June of this year, Bank of America is the United States’s second largest commercial bank with US$1.343 trillion in domestic assets. Wells Fargo is the fourth largest commercial bank with US$1.251 trillion in domestic assets. JPMorgan Chase is the largest US commercial bank with US$1.329 trillion in domestic assets and US$1.947 trillion in total assets.

The mortgage complaints in the CFPB report include several subproducts. Conventional fixed mortgages account for 27.1% of all complaints. Conventional adjustable mortgages account for 10.0%. FHA mortgages account for 7.7% of all complaints. Home equity loans or lines of credit account for 3.8% of all complaints. VA mortgages are 1.4% of all complaints. Second mortgages and reverse mortgages each account for 0.6% of complaints. The remaining 48.7% of complaints are about other mortgages or other mortgage issues. A few years ago, FHA loans accounted for about 10% of all US mortgages while VA loans accounted for about 3%. Prime loans accounted for over 75% of the market and the rest were subprime mortgages.

California leads all states by volume of complaints with 14768. It is followed by Florida, New York, Georgia and Texas. When complaints are divided by a state’s total population, New Hampshire leads. The state is followed by Washington D.C., Maryland, Georgia and Florida. Complaints do not correlate with national rankings for August’s foreclosure rate by state where Nevada topped the list, followed by Florida, Ohio, Maryland and Delaware.

Two zip codes account for over 1,000 total complaints between them. 565 complaints originated in the 48382 zip code, which is in Commerce Township, Michigan, located in suburban Detroit. 553 complaints originated in the 33071 zip code, in Coral Springs, Florida. According to real estate website Zillow, there are currently 1,033 properties in foreclosure in Coral Springs while Commerce Township only has 131 properties currently in foreclosure. Four other zip codes have 100 plus complaints originating from them. 91730, in Rancho Cucamonga, California, had 158 complaints. 33409, in West Palm Beach, Florida, had 132. 92626, in Costa Mesa, California, had 125 complaints. 92660, in Newport Beach, California, had 122 complaints. Respectively, the towns had 534, 1,068, 153, and 134 properties currently in foreclosure. These numbers are higher than for the cities of a few sampled zip codes where there was only one complaint, such as Gold Hill, Oregon which has 4 properties in foreclosure, and Decatur, Illinois which has 6 properties in foreclosure.

The CFPB categorizes complaints into six categories: “Loan modification, collection,foreclosure” or problems when a person is unable to pay; “Loan servicing, payments, escrow account” or problems with making a payment; “Application, originator, mortgage broker”; “Credit decision / Underwriting”; “Settlement process and costs”, and “Other”. The CFPB says the complaint types indicate consumers “appear to be driven by a desire to seek agreement with their companies on foreclosure alternatives. The complaints indicate that consumer confusion persists around the process and requirements for obtaining loan modifications and refinancing, especially regarding document submission timeframes, payment trial periods, allocation of payments, treatment of income in eligibility calculations, and credit bureau reporting during the evaluation period.” Currently, 59.6% of all complaints against lenders deal with being unable to pay. 25.1% deal with problems in making a payment. 7.0% have to do with the application process.

Of the complaint-heavy zip codes, for 48382 in Commerce Township, Michigan, 98.9% of all complaints have to deal with being unable to pay. Accounting for 23.4% of all mortgage complaints in Commerce Township, 132 of the complaints for being unable to pay were made regarding Bank of America, accounting for 97.8% or all but 3 complaints against them from the zip. 121 of the Bank of America responses in Commerce Township were closed with explanation and 12 were closed with non-monetary relief. 33071 in Coral Springs is different, with 537 of the 553 complaints being categorized under other. Only 11 complaints relate to foreclosure and issues with being able to pay. 92626 in Costa Mesa, where 32% of the mortgage complaints were about Bank of America and 26.4% were about Wells Fargo, had 93.6% of its complaints dealing with being unable to pay. 5 total complaints dealt with payment issues and 3 dealt with applications.

Beyond regional variance in complaint types lodged, the top five mortgage lenders by volume of complaints all had being unable to pay as their top complaint category, ranging between 55.8% for Citibank and 69.4% for Bank of America. Problems with payment accounted for the second largest area of complaints, with Ocwen having the largest percentage of complaints at 31.9% and Bank of America having the smallest at 18.8%. Foreclosure was the top area of complaints for a number of other lending institutions including 1st Alliance Lending, OneWest Bank, Ally Bank, Banco Popular de Puerto Rico, Bank of the West, BMO Harris, BOK Financial Corp, Caliber Home Loans, Inc, Capital One, Deutsche Bank and EverBank.

Nationally, complaints reached a high of 5,840 for January 2013, 1,107 more than the next highest month of April 2013. The total emerging for September is the second lowest since records were first kept in December 2011. On a state by state level, this pattern largely repeats with a major exception for Florida which saw a peak of 849 complaints in June 2012. Then, as now, Florida was one of the top five states in the nation in its foreclosure rate. The national January spike came as the Qualified Mortgage standard required by the The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 came into play. It required mortgage lenders to take steps to insure borrowers could repay their mortgages.

Bank of America’s complaint volume follows the national trend, with a spike in January 2013 with 1,925 total complaints. Unlike nationally, the next month by volume of complaints was February of this year with 1,598 complaints. Prior to that, the highest month was May 2012 with 1,418 complaints. The lowest volume of complaints is September this year with 334.

Wells Fargo matched national trends for volume of complaints by month, with the exception of the current month being the lowest on record for number of complaints with 197 compared to the next lowest month, December 2011, when they had 221. JPMorgan’s complaint volume by month spiked in January and March of this year with 504 complaints. April of this year was the next highest month with 493 complaints, edging out May of last year with 488 complaints. September this year is on track to be the lowest month by complaint volume.

The federal government shutdown is unlikely to impact the current mortgage situation in the United States directly for most consumers, though mortgage processing by the Federal Housing Administration could be slower, resulting in fewer mortgages processed.

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  • 22 Feb, 2021
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