Latest news with #Dan
Yahoo
3 hours ago
- Business
- Yahoo
Afognak Native Corporation Hires New CEO
KODIAK, Alaska, May 31, 2025 (GLOBE NEWSWIRE) -- Afognak Native Corporation's Board of Directors is pleased to announce the hiring of Daniel 'Dan' M. Corbett as Chief Executive Officer, leading Afognak into its next phase of growth and business advancement. Corbett is a strategic and accomplished leader with a demonstrated track record of success in both business and community impact. Most recently, Corbett served as CEO of Valiant Integrated Services, where within 18 months he generated over $2 billion in new business growth, including expansion into the US intelligence and linguist sectors. Recognizing the importance of talent development, Corbett launched initiatives like Valiant University to improve benefits and attract and retain specialized talent—resulting in a workforce in which 25% are US veterans. He also helped establish the Valiant Foundation to support veterans and their families through scholarships, humanitarian relief, and disaster response efforts, demonstrating a commitment to corporate social responsibility. Corbett also previously held leadership roles at PAE and Lockheed Martin. As Vice President and General Manager of PAE's Global Stability and Development business unit, he led a $1B+ portfolio with over 9,000 employees worldwide. His tenure was marked by significant organic growth, with revenue expanding from $650M to over $1B and the launch of new business lines such as medical services. He led critical responses to global challenges, including the Ebola outbreak in Liberia and COVID-19 response efforts for the Navajo Nation. Corbett holds a Bachelor of Finance degree from Siena College and an MBA from Rensselaer Polytechnic Institute. Corbett assumes the role of CEO on May 31, 2025, as CEO/President Greg Hambright retires as CEO. The Board is grateful that Hambright will serve as Interim President during this important transition. Kristy Clement, Chair of Afognak's Board of Directors, shared, 'Dan joins Afognak at a pivotal moment in our journey, and we're excited to welcome him as our new CEO. He brings valuable experience and a thoughtful approach to leadership and growth. The Board is confident in Dan's ability to guide Afognak into its next chapter. We look forward to working closely with Dan to expand opportunities, serve our Shareholders, support our team, and continue building a corporation we can all be proud of.' Corbett remarked, 'I'm honored to lead Afognak Native Corporation and committed to advancing sustainable growth that benefits our Shareholders and communities—guided always by the strength of the Alutiiq values and cultural heritage.' Malia Villegas(907) 222-9587
Yahoo
2 days ago
- Entertainment
- Yahoo
Thunder NBA Finals bound, next steps for Ant-Man, Minnesota and Knicks poor roster construction costing them
On this episode of Good Word with Goodwill, Vince and Dan Titus react to the Oklahoma City Thunder punching their ticket to the NBA Finals after a dominant Game 5 win over the Minnesota Timberwolves. Vince and Dan also take a look at the Thunder's stellar defense and what changes could be coming to the Timberwolves. Next, Vince and Dan discuss the Pacers and Knicks pivotal Game 5 at Madison Square Garden and if Jalen Brunson and Karl-Anthony Towns' defensive limitations will be too much to overcome for Tom Thibodeau. Later, Vince and Dan assess if this current Thunder team is better than the 2012 team that went to the NBA finals and the 2016 team that almost made it. (1:56) Thunder blowout Timberwolves, punch ticket to NBA Finals (12:02) Thunder have the makings for a dynasty (16:24) Timberwolves outlook for next season (27:58) How does Thibs overcome Brunson, KAT defensive liabilities (32:45) Do the Knicks just have a flawed roster? (39:21) Is this Thunder team the best ever? 🖥️
Miami Herald
2 days ago
- Business
- Miami Herald
What is debt-to-income ratio and how does it affect you?
You don't need a finance degree to have money smarts. Understanding a few simple terms can help you lead your best financial life. One of those terms is DTI, or debt-to-income ratio. It's an important concept because lenders use DTI to determine whether you can afford the loan you want. Achieve says understanding your DTI can give you an important edge when you're looking for a home equity loan or another kind of loan. Definition of DTI (debt-to-income ratio) DTI, or debt-to-income ratio, is the percentage of income you spend on your debts and housing each month. DTI doesn't consider the total amount of debt you have. Just how much you have to pay each month. How to calculate DTI To calculate DTI, add up your housing payment and the minimum payments on all your debts. Divide the total by your total income. If your income is $5,000 per month, and your debt and housing payments total $2,500 per month, divide $2,500 by $5,000. 2,500 ÷ 5,000 = 0.5 (50%) There are a few rules: The income you'll use is your total before-tax income, not your take-home pay. To be counted, income must be ongoing and include every bill. General living expenses like food, income taxes, utilities, fuel, and childcare don't count toward your include the minimum payments on your credit include extra-but optional-payments you make toward your include housing costs. If you rent, it's your rent. If you own, it's your mortgage payment, including principal, interest, taxes, insurance, and HOA include the required monthly payments on your loans. Include car loans, personal loans, student loans, and other debts you're paying off. If you are legally obligated to pay child support or spousal support, include those as well (but the lender might not consider these payments if they're due to end soon). DTI and your credit score DTI doesn't affect your credit score, and your credit score doesn't influence your DTI. Your credit score is based on: Your payment historyAmounts owedAccount ageCredit mixHard inquiries (the kind that happen when you apply for credit) That said, both DTI and credit score are measures of financial health, and they often go hand in hand. For example, if your credit card balances are high and you can only afford to make minimum payments, chances are good that your credit score has taken a hit and you have a high DTI. On the flip side, if you have a low DTI, that could mean that you are living below your means and avoiding excessive debt. It would be great if these qualities were rewarded with high credit scores, but they aren't. To have good credit, you need to have and use credit accounts. If you avoid debt, you might not even have a credit score, even with a great DTI. Here are a few examples of DTI calculations. DTI with a personal loan Dan and Lucy earn $8,000 per month between them. Their rent is $2,000. The minimum payments on their credit cards total $300 per month, and they have a $300 monthly car payment. They need $10,000 to cover medical expenses, so they're applying for a personal loan together. The loan will have a $200 monthly payment. Here's how the lender calculates their DTI: Most lenders will approve a loan at a 35% DTI, assuming the applicants meet their other requirements. DTI with a home equity loan Luke earns $78,000 a year ($6,500 per month) and owns his home. His mortgage payment includes $1,100 for principal and interest, plus $140 for property taxes and $60 for homeowner's insurance (total payment: $1,300). He also has a $300 car payment. Luke wants a $100,000 20-year home equity loan for some renovations. He qualifies for an 11.5% APR. The monthly payment will be $1,078. This home equity loan example is for informational purposes only. The payment is calculated using the Actual 360 interest calculation method. Interest rate and payments are for illustration only. Individual results vary. Here's Luke's DTI: Most home equity lenders will consider Luke's DTI to be within the acceptable range to qualify for a new loan. DTI for a debt consolidation loan Chantal earns $5,000 per month, pays $1,500 in rent, and owes $25,000 in credit card debt. Her credit card APRs range from 24.99% to 28.99%. Her total monthly credit card payments are $812. Beforeborrowing, Chantal's DTI is: For many people, a 46% DTI is too high to live comfortably. Spending that much of your income on housing and debt leaves little for taxes, utilities, food, healthcare, household expenses, savings, or fun. But what if Chantal gets a $25,000 personal loan to consolidate her credit card debt? If she qualifies for a 17% interest rate and opts for a five-year term, her payment drops to $621. After she uses a loan to consolidate her credit card debt, Chantal's credit card balances are zeroed out and the $812 in credit card payments goes away. The new loan payment is $621. Chantal's expenses total $2,121 and her DTI drops to 42%. Now she has nearly $200 worth of additional breathing room in her budget every month. This DTI gives her a little more flexibility to cover life's other expenses. Why is DTI important? DTI isn't just important to lenders. It matters even more to you. Your DTI is a snapshot of how doable your lifestyle is at any given time. What is a low DTI? Most lenders consider 36% or lower to be very healthy, and of course, lower is always better. When you apply for a loan, lenders love a low DTI because it shows that there's money in your budget that could cover a new loan payment. That's why having a lower DTI could improve your chances for loan approval. In some situations, a low DTI could help you land a lower interest rate on the loan you want. A low DTI isn't just about loan applications, though. It's about managing your budget. Having a low DTI makes it easier to afford your current financial obligations, with money left over for household expenses, savings, unexpected costs, and some fun. What is a high DTI? Anything over 43% is considered high-ish. It's a limit established by many mainstream lenders. However, people get loans with a DTI over 43%, and even over 50%, every day. It depends on the overall strength of your finances and the type of loan you're after. A high DTI could make it harder to borrow when you need to. Or it could make it harder to borrow the amount you want. Mainly because to the lender, it looks like you might not be able to afford the payment. A higher DTI could also lead to more expensive loans. That's because a higher DTI represents a higher risk to the lender, so they might charge more to compensate for the risk. If you have a high DTI, the lender may ask for other evidence of financial stability before approving your loan. The world won't end if your DTI is on the high side, but it's something to watch, and something you'll probably want to work on. Even if you're not planning to apply for new credit any time soon, a high DTI means most of your money is already spoken for. That leaves you less to save, invest, and spend on the necessities of life. Bringing your DTI down means making more of your money available to spend or save the way you choose to. DTI and home loans Mortgage lenders, including home equity lenders, look closely at your DTI when you borrow. In the past, many lenders set 43% as a cut-off for mortgage approval. However, not every lender or loan program applies this limit today. In fact, some home equity loan lenders will consider your application even if your DTI is as high as 50%. Loan eligibility is typically based on multiple factors, including your credit score and the reason you want the loan. If your DTI is higher than 43%, the best thing to do is talk to a mortgage advisor who can help you learn about your options. DTI and personal loans The way personal loans work is ultimately up to each lender that offers them. Providers vary widely in what DTIs they're willing to accept. The typical maximum is 35% to 43%. DTI is just one part of your application. The lender will evaluate your income, your credit standing, the reason you need a loan, and other factors. Keep in mind that DTI isn't about how much money you make or how much debt you have. The focus is on how your monthly income and expenses relate to one another. For example, let's say Alex applies for a personal loan. Alex makes good money and isn't concerned about getting approved for the loan. Here is Alex's debt and income breakdown: A personal loan lender might decline to offer Alex a loan, because any new payment looks unaffordable. If Alex can afford it, a great way to lower DTI would be to pay down (or pay off) the credit card debt and eliminate that expense. Getting rid of the credit card expense would bring Alex's DTI down to under 38%. Tips for improving DTI and increasing loan eligibility There are several ways to improve your DTI. Generally, they fall into one of these three categories: Lower your monthly debt payment by consolidating or refinancing your debtsPay down your debtIncrease your income Debt consolidation:The way debt consolidation works is that you take one new loan and use it to pay off more than one smaller debt. This could lower your DTI if the consolidation loan has a lower payment than the loans it replaces. You could reduce what you pay each month if you get a loan with a lower interest rate and/or a longer repayment term. Debt consolidation doesn't get rid of any of your debts. It only moves your debt from one place to another. Debt refinancing: Refinancing a loan means replacing it with a new one. People do this when the new loan has a lower interest rate, lower payments, or some other benefit. If your new loan has a lower payment, this reduces your DTI. Increase your income: A great way to reduce DTI is to offset your debt expenses with more income. More income could ease financial stress, too. Consider picking up another job or exploring other ways to generate more income. Pay down debt: This is your long-haul plan. You can improve your DTI without taking on a new loan. Get a budget together and set some goals. To pay off your balances over time, you'll need to be mindful about spending. Once you've got your plan in place, make it stick. Check your balances and DTI every month. Do your best to stay on track and don't forget to celebrate your progress. At the end of the day, DTI is a measure of your financial comfort level. If your DTI is on the high side, consider the goals you could work toward if you had more money at your discretion each month. Setting your sights on specific priorities could help motivate you to work toward a lower DTI. Frequently asked questions What does a DTI do? DTI is a calculation. It's your monthly housing and debt payments divided by your monthly pre-tax income. DTI shows how much of your income you spend on housing and required payments. DTI also shows lenders if you can afford a new payment when you apply for a loan. What DTI ratio is good? A DTI under 36% is considered healthy and low. Most lenders allow DTIs up to 43% for most kinds of loans. Many mortgage loans allow a DTI above 50%, but it's not as common for unsecured loans. Is 50% DTI too high? A DTI above 50% is common, especially in areas where housing is expensive, but it's hard. Spending half of your pretax income on housing and debt service doesn't leave you a lot of wiggle room. The rest of your income has to cover income taxes, food, utilities, transportation, school costs, hobbies, household goods, clothing, and anything else. That said, some people manage at a 50% DTI by being ruthless with their budgets. Consider targeting a lower DTI over time to make your life more comfortable and secure. This story was produced by Achieve and reviewed and distributed by Stacker. © Stacker Media, LLC.
Scottish Sun
2 days ago
- Entertainment
- Scottish Sun
Jac Jossa takes unusual step in bid to ‘ keep her family together' as she ‘refuses to leave Dan Osborne's side'
It comes after Dan and Jaqueline went on a 'make or break' holiday recently STAND BY HER MAN Jac Jossa takes unusual step in bid to ' keep her family together' as she 'refuses to leave Dan Osborne's side' JACQUELINE Jossa has taken an unusual step in bid to "keep her family together", following her recent marriage troubles with husband Dan Osborne. The couple, who confirmed they had split in March, have since been working to repair their relationship, despite Dan, 33 moving out of the family home. Advertisement 5 Jacqueline Jossa wants to do everything she can to 'keep her family together' amid her Dan Osborne's marriage woes Credit: Refer to Caption 5 Jac is keen to get things 'back on track' with her husband Credit: Instagram 5 The couple recently went on a 'make-or-break; holiday Credit: Social Media Following a 'make-or-break' holiday to Mexico in April, it seems like the pair are keen to take the steps they need to get back on track. In fact, Jacqueline, 32, has taken an unusual measure to try and heal the rift between them, which caused them to split a few months ago. Speaking exclusively to The Sun, a friend of Dan's told us: "Dan's at a football camp with his son, Jac would never normally go but she is there too with their girls. "She's desperate for their relationship to work and won't leave his side." Advertisement It comes as Jaqueline shared pictures and videos from the family's half term break away today. The sweet photos and clips showed them enjoying quality time together, as they get things back on track. The family could be seen relaxing, playing on the beach, and going for bike rides. 'MAKE OR BREAK' HOLIDAY In April, the pair went on a 'make or break' trip to Mexico with their daughters Ella, 9, and Mia, 6. Advertisement While they were there, they were seen looking loved-up, and spotted kissing and cuddling by their hotel pool. During their time away, an onlooker told The Sun: 'Dan and Jac looked like any normal couple. Jacqueline Jossa and estranged hubby Dan Osbourne enjoy a 'make or break' Easter holiday together in Mexico 'There were a few Brits at the resort, but no one recognised them and they were left alone to relax and enjoy quality time together. 'It seemed that having Jac's mum there to help with the kids gave them some extra time together.' Advertisement ROCKY ROMANCE The couple first met in 2013, tying the knot in 2017. However, over the years they have been dogged with issues and rumours surrounding their marriage. 5 Jaqueline revealed today that her and Dan have taken the kids away for half term Credit: TRIPadvisor 5 The family are enjoying some quality time together following a rough couple of months Credit: TRIPadvisor Advertisement In March, it was confirmed the pair had split and were 'dealing with things privately', with Dan moving to a house near the family home. Despite this, the pair have continued to put on a united front for the sake of their kids. This included celebrating Mother's Day together with Dan sharing a loving post about Jacqueline online. Jacqueline has also been seen spending the evening with Dan at his new home. Advertisement
The Irish Sun
2 days ago
- Entertainment
- The Irish Sun
Jac Jossa takes unusual step in bid to ‘ keep her family together' as she ‘refuses to leave Dan Osborne's side'
JACQUELINE Jossa has taken an unusual step in bid to "keep her family together", following her recent marriage troubles with husband Dan Osborne. The couple, who 5 Jacqueline Jossa wants to do everything she can to 'keep her family together' amid her Dan Osborne's marriage woes Credit: Refer to Caption 5 Jac is keen to get things 'back on track' with her husband Credit: Instagram 5 The couple recently went on a 'make-or-break; holiday Credit: Social Media Following a In fact, Speaking exclusively to The Sun, a friend of Dan's told us: "Dan's at a football camp with his son, Jac would never normally go but she is there too with their girls. "She's desperate for their relationship to work and won't leave his side." READ MORE JACQUELINE JOSSA It comes as Jaqueline shared pictures and videos from the family's half term break away today. The sweet photos and clips showed them enjoying quality time together, as they get things back on track. The family could be seen relaxing, playing on the beach, and going for bike rides. 'MAKE OR BREAK' HOLIDAY In April, the Most read in Showbiz While they were there, they were seen looking loved-up, and During their time away, an onlooker told The Sun: 'Dan and Jac looked like any normal couple. Jacqueline Jossa and estranged hubby Dan Osbourne enjoy a 'make or break' Easter holiday together in Mexico 'There were a few Brits at the resort, but no one recognised them and they were left alone to relax and enjoy quality time together. 'It seemed that having Jac's mum there to help with the kids gave them some extra time together.' ROCKY ROMANCE The couple first met in 2013, tying the knot in 2017. However, over the years they have been dogged with issues and rumours surrounding their marriage. 5 Jaqueline revealed today that her and Dan have taken the kids away for half term Credit: TRIPadvisor 5 The family are enjoying some quality time together following a rough couple of months Credit: TRIPadvisor In March, it was Despite this, the pair have continued to put on a united front for the sake of their kids This included Jacqueline has also been seen spending the evening with Dan at his new home. Jacqueline Jossa and Dan Osborne relationship timeline Jacqueline Jossa and Dan Osborne have weathered several storms since they first got together over 10 years ago. Here's how their relationship has played out 2013: After meeting at an awards ceremony that year, Jacqueline and Dan start going on a string of dates November 2013: Jacqueline is forced to defend Dan online after it was revealed he had also been on dates with Ferne McCann, Jac cleared up the matter by saying he was "single and can do what he wants". August 2014: Dan and Jacqueline announce that she is pregnant with their first child together February 2015: The couple welcome their first baby, a daughter named Ella. June 2015: Dan excitedly announced on Twitter that he and Jacqueline were engaged after a romantic proposal in Greece. He wrote: "She said YES!!! I am the luckiest man in the world to be marrying the woman of my dreams." June 2017: The couple exchange vows at a star-studded wedding ceremony at Cheshire Manor House. January 2018: The couple announced they were expecting their second baby together. May 2018: News reports that the couple have split with Dan heading off to a Marbella bootcamp when she was 30 weeks pregnant. Dan later confirmed he was living with a friend, and told "The way I look at life is every day spent unhappy is a wasted day, and we were both having a lot of unhappy days," he added. "I still obviously care for Jacqueline but if we can't make each other happy then we shouldn't stay together. Life is too short." May 2018: Dan was seen getting close to Gabby Allen, sparking rumours they were now seeing each other during his break with Jacqueline. June 2018: The couple's second daughter, Mia, is born. October 2018 : Dan and Jacqueline confirm they are giving their relationship another shot, telling OK! Magazine they "went through a bad patch" but are "stronger than ever". March 2019: Dan is accused of cheating on Jacqueline with Love Island star November 2019: Jacqueline enters I'm A Celebrity but threatens to quit when December 2019: Celebrity Big Brother star Chloe Ayling accuses Dan of having a threesome with her and Natalie Nunn on a boozy night out. Chloe stated in an interview with The Sun that Dan was "making a fool of Jacqueline". August 2024: Dan and Jacqueline become victim of a terrifying kidnap plot while they're on holiday with their daughters. The pair claim £20,000 worth of jewellery and January 2025: January 20 25: The couple are one again March 2025: The Sun exclusively reveals that Dan has moved out of the home he shares with Jacqueline.
