www.therealestatemarketwatch.com If you are considering using an FHA loan to buy a home in the near future, you need to hear the message in this video. Changes are coming and they will affect your ability to get a loan. I reference a Washington Post Article published on November 21 regarding potential changes to FHA Loan [...]

Pushing down mortgage principals
The government should take drastic measures to rescue drowning homeowners.
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Why should we trust government to improve education considering its perpetual failure since 1979?

http://www.reuters.com/article/politicsNews/idUSTRE56N0T120090724

WASHINGTON (Reuters) – President Barack Obama is set to announce on Friday a competition for $4 billion in federal grants to improve academic achievement in U.S. schools, the Washington Post reported on Thursday.
Obama wants states to use funds from the competition, dubbed the “Race to the Top,” to ease limits on so-called charter schools, link teacher pay to student achievement and move toward common U.S. academic standards, the Post said.

Charter schools receive public funding but generally are exempt from some state or local rules and regulations. They are operated as an alternative to traditional public schools.

“What we’re saying here is, if you can’t decide to change these practices, we’re not going to use precious dollars that we want to see creating better results; we’re not going to send those dollars there,” Obama told the Post in an interview.

“And we’re counting on the fact that, ultimately, this is an incentive, this is a challenge for people who do want to change,” Obama said.

Obama is scheduled to speak at the Department of Education on Friday.

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