It still seems that the models want to place this storm over Eastern-Central Louisiana. This track would not be good for New Orleans as it places the storm on the East side of the Big Easy. Hopefully, it changes this track and dissipates over the water...
...Center of Gustav near the South Coast of Jamaica...
at 800 PM EDT...0000 UTC...the government of the Cayman Islands has
issued a Hurricane Warning for the Cayman Islands.
A Hurricane Warning remains in effect for Jamaica.
A Hurricane Watch continues for western Cuba for the provinces of
Isla de Juventud...Pinar del Rio...la Habana...and Ciudad de la
Habana. A tropical storm watch is in effect for the province of
Matanzas. A Hurricane Watch means that hurricane conditions are
possible within the watch area...generally within 36 hours. A
tropical storm watch means that tropical storm conditions are
possible within the watch area...generally within 36 hours.
A Tropical Storm Warning remains in effect for the Cuban province of
Granma.
Interests elsewhere in central and western Cuba should closely
monitor the progress of Gustav.
For storm information specific to your area...including possible
inland watches and warnings...please monitor products issued
by your local weather office.
At 800 PM EDT...0000z...the center of Tropical Storm Gustav was
located near latitude 17.9 north...longitude 77.0 west or about
15 miles... 25 km...west of Kingston Jamaica and about 300 miles...
485 km...east-southeast of Grand Cayman.
Gustav is moving toward the west near 7 mph...11 km/hr. A turn
toward the west-northwest and northwest is forecast during the next
couple of days. On this track...the center of Gustav will cross
Jamaica tonight...and move near or over the Cayman Islands Friday
or Friday night.
Maximum sustained winds are near 70 mph...110 km/hr...with higher
gusts. Some weakening is possible tonight while Gustav crosses
Jamaica...but strengthening is forecast on Friday and
Saturday...and Gustav could become a hurricane by tomorrow.
Tropical storm force winds extend outward up to 45 miles...75 km
from the center. Kingston recently reported sustained winds of
49 mph...80 km/hr.
The estimated minimum central pressure based on surface observations
on Jamaica is 988 mb...29.18 inches.
Gustav is expected to produce total rainfall accumulations of 6 to
12 inches across Jamaica and the Cayman Islands...with isolated
maximum amounts of up to 25 inches possible. These rains will
likely produce life-threatening flash floods and mud slides.
Rainfall accumulations of 2 to 4 inches are possible over southern
Cuba. Rainfall will be diminishing over Haiti tonight...with an
additional 1 to 2 inches of rainfall possible.
Coastal storm surge flooding of 1 to 3 feet above normal tide levels
can be expected in areas of onshore winds in the Hurricane Warning
area.
Repeating the 800 PM EDT position...17.9 N...77.0 W. Movement
toward...west near 7 mph. Maximum sustained winds...70 mph.
Minimum central pressure...988 mb.
The next advisory will be issued by the National
Hurricane Center at 1100 PM EDT.
$$
Forecaster Beven
This storm will be difficult to predict, since it is so far out, but the models seem to be lining up for central to Eastern Louisiana. This could change and probably will, but in a city like New Orleans, time is of the essence. Good luck to all along the Gulf coast...
The computer models seems to have tracked its course back West toward the Texas/Lousiana border. It's still a long way from the Gulf, but this track could force the evacuation of many oil rigs in the area...
Statement as of 5:00 am EDT on August 28, 2008
...Gustav reforms to the south and is a little stronger...
at 5 am EDT...0900 UTC...the Tropical Storm Warning for Haiti has been discontinued.
A Tropical Storm Warning remains in effect for the Cuban province of Granma.
A Hurricane Watch and a Tropical Storm Warning remain in effect for Jamaica.
A Hurricane Watch remains in effect for all of the Cayman Islands.
Interests in central and western Cuba should closely monitor the progress of Gustav.
For storm information specific to your area...including possible inland watches and warnings...please monitor products issued by your local weather office.
At 500 am EDT...0900z...the center of Tropical Storm Gustav was located near latitude 17.8 north...longitude 75.6 west or about 80 miles...130 km...east of Kingston Jamaica and about 170 miles...270 km...south of Guantanamo Cuba.
Gustav is moving toward the southwest near 8 mph...13 km/hr. A turn toward the west is expected later today and to the west- northwest on Friday. The center of Gustav is expected to pass very close to Jamaica later today.
Maximum sustained winds are near 50 mph...85 km/hr...with higher gusts. Strengthening is forecast over the next 48 hours and Gustav could regain hurricane strength by Friday.
Tropical storm force winds extend outward up to 50 miles...85 km from the center.
The latest central pressure just reported by an Air Force Reserve reconnaissance plane was 988 mb...29.18 inches.
Gustav is expected to produce total rainfall accumulations of 2 to 4 inches over southern Cuba...and 6 to 12 inches over Haiti... Jamaica...and the Cayman Islands...with isolated maximum amounts of up to 25 inches possible. These rains will likely produce life-threatening flash floods and mud slides.
Coastal storm surge flooding of 1 to 2 feet above normal tide levels can be expected in areas of onshore winds in the Tropical Storm Warning area.
Repeating the 500 am EDT position...17.8 N...75.6 W. Movement toward...southwest near 8 mph. Maximum sustained winds...50 mph. Minimum central pressure...988 mb.
An intermediate advisory will be issued by the National Hurricane Center at 800 am EDT followed by the next complete advisory at 1100 am EDT.
$$ Forecaster Blake/Avila
I had several great experiences with Thornburg! It's a shame they are having so much trouble, but there aren't any buyers for their loans!
From Forbes.com:
"Our circumstances are somewhat precarious, to put it mildly," Thornburg Chief Executive Larry Goldstone said on a conference call.
Sante Fe-based Thornburg Mortgage reported earnings of $412.3 million, or 84 cents per share, vs. $78.1 million, or 66 cents per share, in the year-ago period. This is respectable considering the firm's aggressive fund-raising tactics, which increased the number of outstanding shares to 484.6 million common shares in the 2008 quarter from 119.3 million in the 2007 quarter.
...
Thornburg, which specializes in originating and investing in jumbo mortgages that are worth more than $417,000, has been hurting since the middle of 2007 when the U.S. housing market began to sour. In June, the firm admitted that regulators are investigating whether the firm can continue (see "SEC Probes Sickly Thornburg") after it posted a $3.3 billion first-quarter loss.
Gustav gradually pulling away from Hispaniola...
A Tropical Storm Warning is in effect for Haiti from the Dominican
Republic-Haiti border westward to Le Mole St Nicholas. A Tropical
Storm Warning means that tropical storm conditions are expected
within the warning area within the next 24 hours.
A Hurricane Watch and a Tropical Storm Warning are in effect for
Jamaica.
A Hurricane Warning remains in effect for Cuba for the provinces of
Guantanamo...Santiago de Cuba...and Granma.
A Hurricane Watch remains in effect for the Cuban provinces of Las
Tunas and Holguin and all of the Cayman Islands.
Interests in central and western Cuba should closely monitor the
progress of Gustav.
For storm information specific to your area...including possible
inland watches and warnings...please monitor products issued
by your local weather office.
At 200 PM EDT...1800z...the center of Tropical Storm Gustav was
located near latitude 18.8 north...longitude 74.4 west or about 140
miles...225 km...west of Port-au-Prince Haiti and about 90 miles...
145 km...south-southeast of Guantanamo Cuba.
Gustav is moving toward the west near 5 mph...7 km/hr. A west to
west-northwest track is forecast during the next day or two with a
gradual increase in forward speed. On the forecast track...Gustav
should pass between Jamaica and the southeastern coast of Cuba on
Thursday. However...any deviation to the left of the forecast
track could bring the center of Gustav very near Jamaica.
Maximum sustained winds are near 60 mph...95 km/hr...with higher
gusts. Slow strengthening is forecast once Gustav moves away from
Haiti...and the storm could regain hurricane strength within the
next day or two.
Tropical storm force winds extend outward up to 50 miles...85 km
from the center.
The estimated minimum central pressure is 997 mb...29.44 inches.
Gustav is expected to produce total rainfall accumulations of 6 to
12 inches over Hispaniola...eastern Cuba...Jamaica...and the Cayman
Islands...with isolated maximum amounts of up to 25 inches
possible. These rains will likely produce life-threatening flash
floods and mud slides.
Coastal storm surge flooding of 1 to 3 feet above normal tide levels
along with large and dangerous battering waves can be expected in
areas of onshore winds in the Tropical Storm Warning area.
Repeating the 200 PM EDT position...18.8 N...74.4 W. Movement
toward...west 5 mph. Maximum sustained winds...60 mph. Minimum
central pressure...997 mb.
The next advisory will be issued by the National Hurricane Center at
500 PM EDT.
$$
Forecaster Rhome/Pasch
I am very involved in my community. I have many passions besides marketing, but I love helping clients reach their full potential. Wife-Susy Son-Percy Dog-Traveler
After several years in the financial services industry with MetLife and his own company, Pilot Financial Services, Mr. Manders had an opportunity to learn the mortgage business and made the most of the opportunity. He recently earned the designation of Certified Liability Advisor (CLA). The program, Manage Liabilities Into Assets, provided an intense two day education that involved various liability management concepts, strategies, and case studies. The program is offered to mortgage professionals to assist them with the integration of their client's borrowing and related liabilities as a core step toward financial independence. Completion of the training allows Billy to provide consumer advice on how to best build wealth through the effective management of liabilities. Mr. Manders also has his Certified Mortgage Planning Specialist (CMPS) certification and was the first Mortgage Banker in the State of Alabama to achieve this designation. Billy is certified as an instructor for Realtors, Financial Planners and CPAs needing state required continuing education credits.
Mr. Manders was recently chosen as one of 40 mortgage advisors from around the country to participate in the inaugural ground-breaking liability management Mentor Program by Kendall Todd, the leading provider of strategy, content, tools and training for mortgage and Financial Advisors seeking to maximize their clients wealth creation through management of their liabilities. As a Series 6 and 63 licensed professional, Mr. Manders has a unique ability to understand the power of incorporating the mortgage you choose with your overall long and short-term financial strategy.
He is the founder of The Manders Group, The Institute of Wealth Strategies, and The National Institute of Financial Education(along with several financial professionals from around the country) where he spends much of his time educating clients, financial and real estate professionals on how to effectively use a mortgage as a tool to build financial stability and create wealth.
Billy is very active in his community. A member of the Board of Director's for several organizations in the Mobile area:
The Mercy Medical Foundation--Co-Chair
Goodwill/Easter Seals of the Gulf Coast
The Drug Education Council of South Alabama
The Mulherin Custodial HomeMr. Manders is a 2008 graduate of Leadership Mobile, a year-long program that targets emerging leaders in the community.
--First-time Homebuyer Specialist
--Foreclosures(both FHA and Conventional loans available)
--FHA/VA
--In-house underwriting
--USDA
--Financial Education
--Credit Seminar
--Credit optimization
--Wealth Seminars
--CE courses for Realtors, CPA's and Financial Planners
"The Manders Group provided me with exceptional service in obtaining a new mortgage. Billy and Connie were very responsive to my needs and were diligent in their efforts to ensure that I locked into the very best deal the market had to offer. I would highly recommend The Manders Group to anyone looking for a new mortgage, refinance of an existing mortgage, or their consulting arm to explore strategies on restructuring your financial portfolio to minimize risks and plan for your future financial well-being."
Stephen Hand - U.S. Army Corps of Engineers--Mobile, Alabama
"I know that we are not your only deal, but you made us feel that way. I know that you guys make all your clients feel that way. Thank you for getting all this together for us..."
Jason Schmitt, CPA - McKean & Associates, P.A.
"Billy is a very diligent and hard working individual. Despite not doing any business with Billy to date, I discussed my financial situation, and specifically my debt structure with Billy. He gave me excellent advice, and he recommended that I should not change a thing. I think Billy holds his clients and their best interest in the highest regard, even if this results in no economic benefit to Billy. When you are a commission only provider, and you approach your business in the manner Billy does, word gets out, and it pays off in the long-run. I completely trust Billy, and would strongly recommend Billy to anyone that is exploring replacing or entering into debt."
John Hensley - Senior Vice President, Regions Bank
"I have worked with Billy on more than one occasion and highly recommend him to anyone needing financial assistance - be it a mortgage, refinance or just financial advice. He is ALWAYS available to help and answer any questions. He is truly a Top-Notch advisor and goes that extra mile EVERY time."
Sara Cummings--Real Estate Agent--Dauphin Realty--Mobile, AL
"Billy is a thoughtful and smart leader in the financial education community. He has a passion to help others grow financially and truly enjoys his role of educator. I highly recommend working with Billy if you have the opportunity and you might learn and grow from him as I have by working side by side with him. Billy is a man of high integrity and superior knowledge."
Mike Young, - Faculty, National Institute of Financial Education
"One of the most enthusiastic individuals I have had the pleasure of working with. Really works hard and is always determined to do the best job that he can for his clients. I give Billy 5 Stars - someone who truly has other people's best interests in mind."
Timothy Dozier - Owner, Hummingbird Ideas. Inc
"Bill is a very hard worker and he is determined to succeed. His organization skills allow him to make sure that not only is everything in order, but that it is followed up on. In addition Bill has a true desire to help others, something very refreshing in today's world."
Matt Carr, Chief Sales Officer, Fox Filtration
"I strongly encourage, at a minimum, speaking with The Manders Group if you are considering a new mortgage, a refinance, or financial advice in real estate transactions. I have used the Manders Group on two occasions, once for a refinance, and more recently for a new mortgage. On both occasions, I have been nothing but pleased with the active participation of The Manders Group, including their providing of sound financial advice, ease of process, and their ability to "close the deal." They have gone above and beyond my expectations in order to ensure that the product they provided was exactly what I needed, nothing more, nothing less. They are responsive, well informed, knowledgeable, professional, courteous, and diligent. My experiences with The Manders Group have been absolutely positive, and I encourage anyone making or considering to make any financial moves in this market to give Billy a call."
Jeremy P. Taylor, Attorney at Law, Carr Allison, P.C. - Daphne, Alabama
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