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Cyber-dissident Zhang Jianhong (“Li Hong”) gets six years in prison

first_img Follow the news on China ChinaAsia – Pacific ChinaAsia – Pacific RSF_en Reporters Without Borders voiced dismay on learning that cyber-dissident Zhang Jianhong, who is also known by the pen-name of Li Hong, was sentenced today to six years in prison by a court in Ningbo, in the eastern province of Zhejiang. He has appealed against the sentence. Zhang was arrested in September 2006 and was charged the following month with “incitement to subvert the state’s authority” for calling for political reform in articles posted on the Internet. Two other cyber-dissidents who were arrested six months ago, Chen Shuqing and Yang Maodong, are still awaiting trial. News April 27, 2021 Find out more China’s Cyber ​​Censorship Figures Help by sharing this information Democracies need “reciprocity mechanism” to combat propaganda by authoritarian regimes News Receive email alertscenter_img March 12, 2021 Find out more Reporters Without Borders voiced dismay on learning that cyber-dissident Zhang Jianhong, who is also known by the pen-name of Li Hong, was sentenced today to six years in prison by a court in Ningbo, in the eastern province of Zhejiang. He has appealed against the sentence.A member of the Chinese branch of the independent writers association PEN, Zhang was arrested in September 2006 and was charged the following month with “incitement to subvert the state’s authority” for calling for political reform in articles posted on the Internet. Two other cyber-dissidents who were arrested six months ago, Chen Shuqing and Yang Maodong, are still awaiting trial.“This verdict is sadly yet another example of the judicial system being used by the political authorities,” Reporters Without Borders said. “It is outrageous that cyber-dissidents get severe prison sentences just for the views they express. Yet again, they are being made to pay a heavy price for their commitment. After Zhang’s conviction, we fear that the same fate is in store for Chen and Yang.”According to the New China news agency, Zhang was convicted of writing “articles defaming the Chinese government and calling for agitation to overthrow the government.” The court said it was showing clemency to the defendant, who posted around 100 articles on the Internet from May to September 2006, because he expressed remorse during the trial.Aged 48, Zhang founded the literary website Aiqinghai.net in August 2005 and was its editor until the authorities shut it down in March 2006. He also wrote regularly for sites such as Boxun and The Epoch Times. He already spent a year and a half in a reeducation-through-work camp for “counter-revolutionary propaganda” after getting involved in the 1989 pro-democracy movement. Chen’s case has been sent back to the police for further investigation. A member of the banned China Democracy Party (CDP), he was charged on 17 October 2006 with “incitement to subvert the state’s authority.” He was already detained for four months in 1999 for helping to create the CDP. Better known as Guo Feixiong, Yang was arrested on 14 September 2006. A lawyer, writer and human rights activist, he has been accused of “illegal business activity.” He was previously arrested for “disturbing the peace” after a rally on 13 September 2005 in the village of Taishi (in Guangdong province). ———————-Read our weekly “blog review” and create your blog with Reporters without borders: www.rsfblog.org News March 19, 2007 – Updated on January 20, 2016 Cyber-dissident Zhang Jianhong (“Li Hong”) gets six years in prison Organisation to go further News China: Political commentator sentenced to eight months in prison June 2, 2021 Find out morelast_img read more

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Five Minutes With: John Vella, Chief Revenue Officer of Altisource

first_img Servicers Navigate the Post-Pandemic World 2 days ago Altisource HOUSING john vella mortgage 2018-02-17 Nicole Casperson The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Five Minutes With: John Vella, Chief Revenue Officer of Altisource February 17, 2018 3,777 Views Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Related Articles About Author: Nicole Casperson Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] in Daily Dose, Featured, Print Features Servicers Navigate the Post-Pandemic World 2 days agocenter_img Previous: For Sale: Freddie Mac’s First NPLs of 2018 Next: Franklin American Mortgage is NAMB Double Diamond Industry Partner This story was originally featured in the February edition of DS News, out now. John Vella serves as Chief Revenue Officer of Altisource and was previously President and COO of Equator, LLC. He began his financial services career with the FDIC and Freddie Mac and later served as Chief Sales Officer for H&R Block’s mortgage company, CEO of Household International’s Automotive Business, and President and CEO of Bear Stearns EMC Mortgage Company. This month, Vella shares his views on challenges that will impact the industry in 2018, as well as how new technology is helping servicers manage cost.In what ways are servicers seeking to lower their costs? How can new technological innovations and working with third-party vendors help them achieve this goal? The cost of servicing has tripled over the last several years due primarily to compliance playing a bigger part of the cost structure and the amount of resources that have been put toward managing a loan throughout the process. Remaining compliant has required changes in technology, process, and training.Now, in order to obtain proper margins, it is paramount that servicers focus on lowering the cost of servicing through additional technology enhancements. Utilizing APIs (application programming interfaces) to bring in third-party data enables more a sophisticated decision- making process without the risk and associated manual processes.The industry is seeing advancement in decisioning tools such as optimal outcome and database analytics that allow servicers to manage loans in a more efficient and effective manner. By identifying the optimal outcome for individual loans and properties, servicers can reduce their costs, lower their severity, and reduce their advances.Auto decisioning and exception-based workflow management allows for the appropriate focus on potential problem scenarios when meeting investor and service-level requirements. Servicers are also reducing costs by outsourcing additional functions, allowing them to move to a more-variable cost structure versus a fixed-cost structure. However, with additional outsourcing, the requirement to select and manage vendors becomes more prominent.Cyber and data security are also key focus areas and in the forefront for obvious reasons, especially when it relates to all the borrower data that is held by the servicers. Data security and cybersecurity are more of a risk-management function than a cost reduction capability, but any breach or issues with technology security could result in astronomic costs and headline risk to the loan servicer.What are the main compliance concerns that servicers currently have? There are still many unknowns when it comes to the future direction of the Consumer Financial Protection Bureau (CFPB) and the current administration when it comes to regulatory compliance. For the last several years, servicers have been complying with state and local regulatory agencies and putting the proper process, training, and technology in place to help employees maintain compliance, and they have done a fantastic job. Now, with changes at the head of the CFPB, some of those rules will obviously change, while some of the rules may be eliminated. e unknown will eventually result in change that will lead to additional costs. The changes will require additional change management throughout the entire servicing operation, including training, technology, and workflow.Over the past several years and the heightened awareness around compliance and regulatory issues, the borrower has become more cognizant of servicing practices and what their rights are throughout the process. From a compliance standpoint, servicing personnel must continue to remain compliant when functioning as a single point of contact for borrowers by being properly trained and monitored. Having the compliance and regulatory rules embedded in the operating systems, along with proper scripting will remain a requirement. As you go across hundreds of people in a servicing operation, the need for consistency is paramount, especially with all the upcoming changes that could be taking place and the changes that continue to take place as a normal part of the compliance cycle.What other anticipated changes do industry professionals need to watch this year? Because of rising interest rates, the market has become primarily a purchase market. The refi business has slowed down tremendously, impacting the servicer’s runoff rate on the portfolio, along with the value of the mortgage servicing rights. We are seeing origination growth in the Federal Housing Administration (FHA) and purchase products along with an emergence of non-QM originations. This coming year, we will see that trend continue which could impact delinquency and nonperforming loan volumes. The growing FHA portfolios will continue to be a challenge for servicers to manage. Managing a delinquent FHA asset requires a lot of diligence and cost with severe penalties and fines, if not managed correctly. In terms of adherence to FHA servicing guidelines, the emphasis will be focused on managing title, property, and valuation issues earlier in the delinquent lifecycle. This practice will mitigate risk, avoid conveyance, and lower servicers’ costs.This year, you will also see a more aggressive oversight process when it comes to managing third-party vendors. The risk in today’s market is that vendors who have seen a reduction in their volumes are not investing in their infrastructure. This will ultimately result in vendor consolidation and certain vendors potentially going out of business. These scenarios require servicers to work with vendors who have a strong balance sheet coupled with a strong compliance and vendor management platform. Home / Daily Dose / Five Minutes With: John Vella, Chief Revenue Officer of Altisource Demand Propels Home Prices Upward 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Tagged with: Altisource HOUSING john vella mortgage Subscribelast_img read more