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All posts for the day September 10th, 2012
The Obama administration is urging senators to vote as early as this week on an expansion of the Home Affordable Refinancing Program, and Democratic leaders are considering adding the expansion to their agenda for the two-week Senate session that starts today, Bloomberg reports.
Under the proposal, home owners would be able to refinance their mortgages with any lender through a government program. This would allow home owners to shop for the best mortgage rate rather than be limited to who they already had as a lender. The proposal also would potentially lower the cost of refinancing by removing certain fees that Freddie Mac and Fannie Mae charge.
The bill had been introduced earlier this year but has yet to gain any ground. The Federal Housing Finance Agency had criticized the need for any changes to the refinancing program.
Critics have argued that more than a half million home owners have already refinanced under the government’s programs, so any changes to the program were unneeded.
Source: “White House Refinancing Plan Advances,” The Wall Street Journal (Sept. 7, 2012) and “White House Pushes Refinancing Expansion Before Election”, Bloomberg (Sept. 10, 2012)
Former Massachusetts Gov. Mitt Romney, the Republican presidential nominee, told The Reno Gazette-Journal earlier this year that he doesn’t know “the purpose of ” public lands. Pubilc lands support our nation’s energy sector, provide clean air and clean water, and serve a critical role in preserving our heritage as a nation. Protecting parks, monuments, and other wilderness areas stimulates hundreds of thousands of jobs from recreation and tourism alone. Yet Gov. Romney apparently thinks our 700 million acres of federal public lands serve no obvious purpose.
- More access for oil and gas drilling and less investment in cleaner alternative energy sources
- The sale of public lands rather than further conservation for future enjoyment and job creation
- Less public access to public lands due to ill-considered budget cuts rather than investments in our parks and wilderness areas to boost local economies and jobs
In short, the public lands policies of Gov. Romney and Rep. Ryan would be disastrous for the 700 million acres of federal public lands that belong to all of us. (click on the bullets above to read more). CAP
This home inventory app is not just for insurance purposes. Once you enter an item’s information via barcode, photo, or serial number, it becomes a snap to manage warranty and expiration dates, track stuff you borrow and lend, avoid making duplicate purchases, and more. Comes in real handy in case of fire, flood, or any disaster for insurance purposes.
danetteoneal1
Danette O'Neal, PhD 