Monday, Apr 21, 2014
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eaglebeaky - Illinois lawmakers to discuss money for Obama library - Quincy, IL News - QuincyJournal.com
Wall Street was solidly in the Romney/Ryan camp last time, pjohnf. (And assuming he's the nominee, they'll certainly be in Ryan's camp in 2016.) Why is it that you seem to think that they're Obama supporters?
eaglebeaky - Illinois lawmakers to discuss money for Obama library - Quincy, IL News - QuincyJournal.com
When did presidential libraries start taking this kind of funding? (I always thought they were privately funded... or at least I remember hearing that the Clinton and Bush #43 libraries were being done that way.)
eaglebeaky - Voter rights, crime victim rights amendments set for fall ballot so far - Quincy, IL News - QuincyJo
Off-topic, but just to clarify, I will say that the disabled individuals that I've worked with aren't the least bit interested in free phones or anything like that. (Many of them will never live independently in their own communities; any such "bribes" would be meaningless to them.) Of course there are opportunists who do try to take advantage of every social program under the sun, and…
AYHSMB - Illinois lawmakers to discuss money for Obama library - Quincy, IL News - QuincyJournal.com
Correct me if I'm wrong, but I believe Reagan, Bush 1, Clinton, and Bush 2, had libraries built with private funds. I can't believe Soros or Buffett (or the Clinton's ;P) aren't contributing to the bill for Obama. Rahm is even stumping for it, as he says it will be a big tourism money maker. Hey, I'm all for it, if it is. On a side note, I think this is the first presidential…
eaglebeaky - Voter rights, crime victim rights amendments set for fall ballot so far - Quincy, IL News - QuincyJo
I honestly couldn't care less about anybody's party affiliation. This ID issue actually has A LOT to do with poor people, the elderly, and people with disabilities -- regardless of their personal politics. (There are a lot of poor people in the south who are lifelong Republicans.) Arbitrarily-enacted voter ID laws ultimately won't disenfranchise you or me... but they do have a real…

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Illinois dodges extra mortgage guarantee fees

4 months, 1 week ago Chicago Tribune

High level of foreclosures helps means state doesn't meet criteria

From Chicago Tribune:

The Federal Housing Finance Agency is increasing the guarantee fees that Fannie Mae and Freddie Mac charge for mortgages they acquire, but Illinois will not be assessed an extra fee because of the high level of foreclosure activity in the state.

A year ago, the agency, which oversees Fannie and Freddie, proposed maintaining an extra guarantee fees in five states -- Illinois, Florida, Connecticut, New Jersey and New York -- that had extra-long foreclosure processing times. The FHFA said the extra ‘adverse market’ fees on newly acquired mortgages were necessary to cover the extra costs of managing the foreclosure process in some states. The fees were first put in place in all states in 2008.

On Monday, the FHFA announced it would increase all guarantee fees by an average of 0.14 percent on a typical 30-year, fixed-rate mortgage and by 0.04 percent on a 15-year, fixed-rate mortgage.

In addition, mortgages acquired in Florida, Connecticut, New Jersey and New York will carry an extra guarantee fee of 0.25 percent. Illinois, the agency said, does not meet the revised criteria for the extra fees.

Click Here to Read Full Article


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