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FHA borrowers to save under Obama proposal

FHA borrowers to save under Obama proposal

President Obama last week proposed lowering insurance premiums on FHA-insured loans by 50 basis points, claiming this would save 250,000 borrowers an average of $900 annually in house payments. “The annual premiums on FHA loans, an especially popular source of financing for first-time home buyers, have increased five times since 2010,” according to an article in… Continue Reading FHA borrowers to save under Obama proposal

26 states file Supreme Court health care appeal

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The 26 states that have sued to overturn President Barack Obama’s health care overhaul have filed a Supreme Court appeal pressing for a speedy ruling to the “grave constitutional questions” surrounding the law. The appeal is similar to one from the National Federation of Independent Business that asks the justices to strike down the entire… Continue Reading 26 states file Supreme Court health care appeal

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President Barack Obama is heading to Denver to pitch his jobs plan in the city where he accepted the Democratic nomination. But as he’s acknowledged at fundraisers up and down the West Coast, this election isn’t like 2008. Obama told a star-studded Hollywood fundraiser Monday night that this time around people are weary, and the… Continue Reading Obama pitches jobs plan in Denver, ends West Coast fundraising tour

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Federal court tosses lawsuit over health reform

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A federal appeals court in Virginia has dismissed two lawsuits that had claimed President Barack Obama’s health care overhaul was unconstitutional. The unanimous decision was issued Thursday by a three-judge panel of the 4th U.S. Circuit Court of Appeals. It is the second appellate court ruling affirming the government’s right to require individuals to buy… Continue Reading Federal court tosses lawsuit over health reform

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Like it or not, the 2012 presidential election season is well under way. With the first Republican primary coming in January — a little more than five months away — candidates already have been raising money, and crisscrossing key early states like Iowa, New Hampshire and South Carolina. Heck, the first debate among GOP candidates… Continue Reading The early outlook for President Obama’s re-election effort

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Citing the America’s veterans as “the very embodiment of service and patriotism,” President Obama has signed a bill with special significance for Pikes Peak region military veterans and their families this week. The $3.6 billion bill, passed by large margins in both the House and the Senate, will “significantly boost … federal support for disabled… Continue Reading Vets to receive funding for caregiving, follow-up care

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