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Help 3-10-2009

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For all domestic and international flights, the U.S. threat level is High, or Orange.

See the Transportation Security Administration for updates on items allowed or prohibited on airlines.

Winter Slams into The States from New Mexico to the East Coast

Winter Storm Warning for Washington, D.C. and Maryland, Virginia at the moment. Power outages across the country,18 car pile up in Oklahoma,  

Winter Storm Tips 

Winter Storm Hazards and Preparedness

Tips provided by The Maryland Emergency Management Agency. A Winter Storm Watch means that a winter storm is possible for the area. This watch is issued 12 to 36 hours before the event. A Winter Storm Warning means that a Winter Storm is occurring, or will soon occur in your area. A Blizzard Warning means that sustained winds or frequent gusts to 35 miles per hour or greater and considerable falling snow, which will reduce visibility to less than a quarter mile, are expected for a period of three hours or longer.

BEFORE THE STORM ARRIVES:

Learn about your area’s winter storm risk. Contact the American Red Cross, the Maryland Emergency Management Agency at www.mema.state.md.us or the local National Weather Service office to learn more about your area’s winter storm risk. Learn first aid, especially for treatment of exposure to the cold, frostbite and hypothermia.

The most likely direct threat is a loss of electric power and heat that could last for several days.

Make sure that stocks of non-perishable food and water are sufficient.

Make sure there is plenty of food and water stored for pets and livestock.

Make sure there is adequate warm clothing for each member of the family.

Understand the effects of wind chill, which combines the cooling effect of wind and cold temperatures on exposed skin.

Fully check and winterize your vehicle before the winter season begins.

Carry a Winter Storm Survival Kit in your vehicle that should include:

Mobile phone, charger and batteries

Blankets/sleeping bags

Flashlight with extra batteries

First aid kit

Knife

High-calorie non-perishable food and water

Extra clothing to keep dry

Large empty can to use as emergency toilet and tissues and paper towels for sanitary purposes

Small can and waterproof matches to melt snow for drinking water

Sack of sand of kitty litter for traction

Shovel

Windshield scraper and brush

Tool kit

Tow rope

Battery booster cables

Water container

Compass and road maps

Keep your car’s fuel tank full for emergency use and to keep the fuel line from freezing.

Service snow removal equipment before winter season.

Make sure your home is properly insulated. If necessary, insulate walls and attic.

Install storm windows or cover windows with plastic from the inside.

Take the following action to keep your pipes from freezing:

Wrap the pipes in insulation or layers of old newspapers

Cover the newspapers with plastic to keep out moisture

Let faucets drip to keep them from freezing

Know how to shut off water valves.

Invest in a NOAA Weather Radio with a tone-alert feature to keep you informed of watches and warnings issued for your area. Install and check fire alarms.

Consider storing sufficient heating fuel if the possibility exists that regular fuel sources may be cut off in a winter storm. Be cautious of fire hazards when storing any type of fuel.

If you live in a flood-prone area, consider purchasing flood insurance to cover possible flood damage that may occur during the spring thaw. Install snow fences in rural areas to reduce drifting in roads and paths, which block to homes, barns and animals’ feed and water. Consider keeping safe emergency heating equipment:

A fireplace with ample supply of wood

o Small, well-ventilated wood, coal or camp stove with fuel.

o Portable space heater or kerosene heater. This requires the proper use of fire safeguards and ventilation.

Consult the local fire marshal for assistance.

DURING THE STORM

The following information is provided to help citizens get through the storm:

Avoid unnecessary travel.

About 70 percent of winter deaths related to ice and snow occur in automobiles. Listen to NOAA Weather Radio, radio or television for updated information about the storm. These devices should be battery-operated or have a battery backup in the event of a power failure.

If you are caught out in your vehicle when the storm hits, stay in your vehicle. You will become quickly disoriented in wind-driven snow and cold.

Run the motor about 10 minutes each hour for heat. Open the window little for fresh air to avoid carbon monoxide poisoning. Make sure the exhaust pipe is not blocked. Turn on the dome light at night when running the engine, as this will make you more visible to rescuers. After the snow stops falling, raise the hood to indicate that you need help.

Continue to monitor NOAA Weather Radio, radio or television for official information about the storm and its impact.If you are caught outside when the storm arrives, find shelter where you can stay warm and dry. If no shelter is available, build a lean-to or windbreak or snow cave for protection from the wind. Build a fire for warmth and to attract attention. Place rocks around the fire to absorb and reflect heat.

Melt snow for drinking water as eating snow will lower your body temperature. Eat and drink. Food provides the body with energy for producing its own heat. Keep the body replenished with fluids to prevent dehydration. If you go outside after a snowstorm, dress in many layers and wear a hat and gloves or mittens. Many layers of thin clothing are warmer than single layers of thick clothing. Wear a hat to keep the body from losing heat through the head. Mittens are warmer than gloves. Covering the mouth with a scarf protects lungs from extremely cold air.

If in a vehicle, exercise from time to time by moving your arms, legs, fingers and toes to keep blood circulating and to keep warm.

Avoid overexertion, and use caution when engaging in activities such as shoveling heavy snow, pushing a car or walking in deep snow. The strain from the cold and hard labor could cause a heart attack. Sweating could lead to chill or hypothermia. If indoors, wear layers of loose-fitting, lightweight, warm clothing and remember to remove layer to avoid overheating, perspiration and subsequent chills.

If the pipes freeze, remove any insulation or layers of newspapers and wrap the pipes in rags. Completely open all faucets and pour hot water over the pipes, starting where they were most exposed to the cold or where the cold was most likely to have penetrated. A hand-held hair dryer, used with caution to prevent overheating also will work.

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Mission Statement

To produce a Web site, that will serve people across the USA daily in times of national and personal crisis with immediate information from reliable organizations that are set up to handle crisis events. We will produce information on crisis newsworthy events daily and as they happen .Site will include list of emergency Web site address's and hotline telephone numbers. Emergency alerts will be published as they happen.This site is dedicated to all of the victims and their loved ones that were killed or hurt in the September 11, 2001 attack on America. Furthermore, all volunteers, no matter what religion, their race, national origin, or sexual preferences please accept our humblest Thank You for all of your work to help and rescue victims.

Update 6-10-2008
The site has been in operation since August 2002, we are at this point serving approximately a thousand visitors a month and many of them are international.We have had as high as 47 countries visit our site in a months time.

If you or your organization / company would like to be part of that growth, we encourage your commitment. We are beginning to search for grants, sponsors, advertisers. You may advertise as well, for details e-mail mdknaus@911info.net

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Status of Women

As the international community grappled with the global financial crisis, officials in countries from Chile to Ireland were stepping up efforts to economically empower and improve the workplace status of their female citizens, delegates and a senior United Nations official said today as the fifty-fourth session of the Commission on the Status of Women continued.

Ireland’s Minister of State with responsibility for Equality, Disability Issues and Mental Health, said Ireland’s sustained economic growth could be attributed in part to a marked increase of 400,000 -- or 60 per cent -- in the number of women working in Ireland since the mid 1990s. To date, Ireland’s economic downturn had put more men than women out of work. In many cases, women’s earnings had supplemented the income of families that would otherwise have to rely on the male breadwinner’s unemployment benefits. Moreover, by introducing a national minimum wage, and better childcare services, maternity leave and child benefits, the Government had made it easier for women to balance work and family life, while narrowing the gender pay gap to below the European Union average.

Chile’s representative said that in the past four years her Government had adopted a “We are all Chile” slogan to affirm a gender-based approach. The Gender Equity Agenda 2006-2010, a set of guidelines for action by ministries and services, had helped the National Service for Women implement major programmes that promoted good labour practices. The pension system had been reformed to enhance women’s participation in the national economy, with an emphasis on the value of domestic work and motherhood.

In neighbouring Uruguay, women generally received better grades in school than men; but they faced wage discrimination in the workplace, according to that country’s representative. To better protect women, the Government had adopted a law that regulated household work and encouraged gender mainstreaming in collective bargaining, the latter of which had led to clauses that ensured equal opportunity.

Similarly, Malta’s Government had enacted policies to empower women to enter the labour force and retain the jobs once they were there, according to that country’s representative. It had set up training programmes for mothers returning after a five-year absence, as well as flexible work arrangements and special family leave provisions.

Denmark’s long and flexible parental leave schemes, and guaranteed day care for all children had helped to make it one of the most gender-equal societies in the world, its representative said. But there was room for improvement. The Government was focusing on putting more women in top management by creating a Charter for women in management, and taking steps to close the pay gap and labour market segregation. Starting in January 2007, major enterprises were required to prepare gender-divided wage statistics. The results would be analysed this year.

The Deputy Secretary-General of United Nations Conference on Trade and Development (UNCTAD) said the global economic downturn demonstrated the need for a dramatic shift to a more equitable globalization and action to make trade an instrument for women’s empowerment. In practical terms, mainstreaming gender in trade policies required assessing the impact of those policies on the well-being of men, women and households. Such analysis would allow for better understanding of the challenges and opportunities women faced from market liberalization, as well as facilitate women’s transition to a more competitive market structure.

Tajikistan’s Deputy Foreign Minister and Sri Lanka’s representative pointed to efforts in their nations to bolster women’s entrepreneurship through training, skills development, marketing assistance and microcredit schemes -- all effective tools for reducing poverty. Meanwhile, the United Arab Emirates’ delegate noted the creation of a Business Women’s Council among other steps to strengthen women’s entry into the national workforce, where they accounted for 22.4 per cent of all employees.

During the afternoon, the Commission held an interactive expert panel on the theme, “Commemorating 30 years of the Convention on the Elimination of All Forms of Discrimination against Women”.

One of the panellists, Dubravka Šimonovi?, head of the Human Rights Department of Croatia’s Ministry of Foreign Affairs, said the Convention was the only gender-specific human rights instrument, and the Beijing Platform for Action was similarly gender-specific. They should not be viewed separately, but in an integrated manner, she said, adding that in the past 15 years, the links and convergences between the texts had grown stronger -- so much so, that they were actually merging into one overall framework for women’s empowerment.

Andrew Byrnes, Professor of International Law of the University of New South Wales of Australia, said the Committee on the Elimination of Discrimination against Women, which monitors States’ Parties compliance with the Convention, had gone far towards developing the concept of discrimination against women by coming up with a substantive definition of equality, and not just a formal one. But on a practical level, nearly all cases decided by the Committee had been against members of the Council of Europe, casting doubt over why other regions were not engaging the Committee in the same way. On States parties’ reservations to the Conventions, he called for challenging States in that regard and for ensuring that national human rights institutions saw the Convention as part of their mandate.

Moderated by Takashi Ashiki (Japan), the panel also featured presentations by Sapana Pradhan-Malla, a Member of Nepal’s Constituent Assembly and President of the Forum on Women, Law and Development.

Money Where His Mouth is

President Obama Outlines New Small Business Lending Fund

NASHUA, NH – Today, President Barack Obama outlined the new Small Business Lending Fund, which will transfer $30 billion from the Troubled Asset Relief Program to a new program that will support small business lending. The Small Business Lending Fund will be targeted at community and smaller banks that lend the most to small businesses, and offer incentives for banks to increase small business lending.

In the State of the Union Address, the President outlined a series of proposals to create jobs and grow our nation’s small businesses. Last week, President Obama outlined a new Small Business Jobs and Wages and Tax Cut to encourage hiring and create incentives for employers to increase wages for already existing employees.

President Barack Obama said, “Jobs will be our number one focus in 2010, and we’re going to start where most new jobs do – with small businesses. This proposal takes the money that was repaid by Wall Street banks to provide capital for community banks on Main Street. Together with our proposal to cut taxes for small businesses to spur hiring and increase wages, we are making the critical investments we need for our economic recovery.”

“As I have met small businesses owners from across the country, they all stress the same thing – to expand and hire, they need better access to credit,” said Treasury Secretary Tim Geithner. “The President’s proposal would take money repaid by the biggest banks and provide it to community banks so they can increase lending to small businesses.”

Small Business Administrator Karen Mills said, “Community banks are one of the strongest partners small businesses have in helping provide the capital needed to grow and create jobs. This fund targets one of the biggest challenges community banks have faced in this recession – capital to make more loans. This proposal, along with extending the SBA’s 90 percent guarantee, can help put small and medium-sized banks back in a position to step up their small business lending and support job creation in their communities.”

Key elements of the new Small Business Lending Fund are below:

Limited to Community and Smaller Banks Which Devote a Higher Share of Lending to Small Businesses: The Small Business Lending Fund would support lending among small- and medium-sized banks (with assets under $10 billion). These banks devote the highest percentage of their lending to small businesses in their communities, accounting for over 50 percent of all small business loans nationwide, even though they make up only about 20 percent of all bank assets.

Program Would Be Separate and Distinct from TARP to Encourage Participation: By transferring, through legislation, $30 billion to a new program that would be distinct from TARP, the Administration’s proposal would encourage broader participation by banks, as they would not face TARP restrictions.

A Core Function of New Fund Would Be Offering Capital With Incentives to Increase Small Business Lending: The Administration’s core proposal for the new lending fund is an initiative to invest in smaller banks capital under terms that provide strong incentives to increase lending. As participating banks increase lending to small firms compared to 2009 levels, the dividend paid to Treasury on that capital investment would be reduced.

Administration Will Discuss with Congress Additional Ideas to Enhance Credit for Small Businesses Through the Small Business Lending Fund. While the Administration is presenting its plan to provide capital with an incentive structure to maximize small business lending, it looks forward to discussing with Congress other ways that – in addition to what is described above – the Small Business Lending Fund could be fully deployed.

Internet Changes Lives

The National Library of Medicine's Mobile Medline Plus builds on the NLM's MedlinePlus Internet service, which provides authoritative consumer health information to over 10 million visitors per month. These visitors access MedlinePlus (http://medlineplus.gov) from throughout the United States as well many other countries, and use desktop computers, laptops and even mobile devices to get there.

The mobile Internet audience is large and growing fast, almost doubling from February 2007 to February 2009. Some experts predict that within the next five years, more people will connect to the Internet via mobile devices than via desktop or laptop computers. People use their mobile devices to accomplish a variety of tasks, including finding health information. With this in mind, NLM developed the mobile version of MedlinePlus to bring high-quality health information to users on the go.

"We know that a huge number of people are seeking good health information on the Web,” noted NLM Director Dr. Donald A.B. Lindberg. “What better way to reach out to them than by offering this new mobile service, which delivers trustworthy, consumer-friendly information instantly, anywhere?"

Mobile MedlinePlus is available in English and Spanish (http://m.medlineplus.gov/spanish) and includes a subset of content from the full Web site. It includes summaries for over 800 diseases, wellness topics, the latest health news, an illustrated medical encyclopedia, and information on prescription and over-the-counter medications.

For instance, you could visit the "Talking With Your Doctor" page on Mobile MedlinePlus to learn how to get the most out of your doctor’s visit.

American Red Cross And Haiti

People trying to locate U.S. citizens living or traveling in Haiti should contact the U.S. Department of State, Office of Overseas Citizens Services, at 1-888-407-4747 or (202) 647-5225.

18 January 2010 -- Strong coordination of health services and supplies is needed to effectively treat thousands of people injured in the 12 January earthquake. WHO is sending medicines and supplies to treat 165 000 people for one month, plus drugs and equipment to treat 1000 people with trauma injuries. Water pumps, containers and water quality testers are being sent to help meet water demands.

Immediate health priorities include:

search and rescue of survivors trapped underneath rubble;

treatment of people with major trauma injuries;

preventing the infection of wounds;

provision of clean water and sanitation; and ensuring breast-feeding is continued.

Red Cross HAITI Crisis

American Red Cross Pledges Initial $1 Million to Haiti Relief

Donate $10 to the Red Cross to be charged to your cell phone bill by texting "HAITI" to "90999."

The United Nations World Food Program- www.wfp.org

The Salvation Army-www.salvationarmyusa.org

Action Against Hunger- www.actionagainsthunger.org

Project HOPE- www.projecthope.org

Partners in Health-www.pih.org

You can make a donation by calling

1-800-REDCROSS or

1-800-257-7575 (Spanish). Only give to recgnized non-profit organizations who have experience in disaster relief work. Do not try to go to Haiti if you are not sponsored by an organization.People trying to locate U.S. citizens living or traveling in Haiti should contact the U.S. Department of State, Office of Overseas Citizens Services, at

1-888-407-4747 or (202) 647-5225.

Haiti Update 1-19-2010

18 January 2010 – United Nations officials have stressed the need for a strongly coordinated effort to bring vital assistance to the roughly 3 million people affected by last week’s earthquake in Haiti, amid the devastated infrastructure and logistical challenges in the wake of the disaster.

Secretary-General Ban Ki-moon, who travelled to the quake-struck capital of Port-au-Prince yesterday, stressed the need to unplug any bottlenecks in the aid operation to ensure that the relief reaches people in need as quickly as possible.

“Help has been arriving. More is coming in. But for those who have lost everything, I know that aid cannot come soon enough,” he told reporters at UN Headquarters in New York today, adding that the most important challenge is coordination of the relief effort.

Tuesday’s 7.0-magnitude quake has levelled buildings, including homes, schools and hospitals, damaged roads and other vital infrastructure, and left one third of the country’s 9 million people in need of food, water, shelter, medical assistance and other urgent aid.

“This disaster ranks among the most devastating and logistically challenging in recent history,” Margaret Chan, Director-General of the World Health Organization (WHO), said today. “We are seeing the difficulties that arise when disaster strikes an already disastrous public health situation.”

She noted that many of the problems that agencies try to prevent after a disaster were already present in Haiti, including diseases associated with poor water and sanitation systems, low immunization coverage and widespread malnutrition.

The first priorities are to assess the nature and magnitude of emergency health needs, to treat the injured, to recover bodies, and to set up surveillance for infectious diseases. “Offers of help continue to pour in. But aid must closely match urgent health needs and be tightly coordinated,” stressed Ms. Chan.

With the hospitals that are functioning already overcrowded with victims, many with crushed limbs or fractured bones, the UN Population Fund (UNFPA) is warning of the emergency that can occur when pregnant women are forced to give birth in unsanitary conditions and without access to medical care.

“Giving birth under such conditions can quickly turn deadly if complications such as bleeding, obstructed delivery or high blood pressure occur. Everyday hygiene supplies, including sanitary napkins and soap, are also necessary, but often forgotten in emergencies,” said the agency, which estimates there are 37,000 pregnant women among those affected by the quake who need maternal health services.WASHINGTON, Wednesday, January 13, 2010 —The American Red Cross is sending money, supplies and staff to Haiti to support relief efforts there after yesterday’s earthquake, which caused catastrophic damage and loss of life.

According to reports, as many as three million people may have been affected by the quake, which collapsed government buildings and caused major damage to hospitals in the area.

Red Cross Donations

The Red Cross is contributing an initial $1 million from the International Response Fund to support the relief operation, and has opened its warehouse in Panama to provide tarps, mosquito nets and cooking sets for approximately 5,000 families.

In addition to Red Cross staff already in Haiti, six disaster management specialists are being deployed to the disaster zone to help coordinate relief efforts. At this time, the American Red Cross is only deploying volunteers specially trained to manage international emergency operations.

There has been an outpouring of support from the public. To help, people can make an unrestricted donation to the International Response Fund at www.redcross.org or by calling 1-800-REDCROSS (1-800-733-2767). The public can also help by texting “Haiti” to 90999 to send a $10 donation to the Red Cross, through an effort backed by the U.S. State Department. Funds will go to support American Red Cross relief efforts in Haiti.

Debris and collapsed bridges are making access to many areas extremely difficult. Telephone service and electricity are out in many places. Haitian Red Cross staff worked throughout the night to rescue people still trapped in their homes and provide first aid. The priority remains to provide food, water, temporary shelter, medical services and emotional support.

The American Red Cross already had fifteen staff in Haiti providing ongoing HIV/AIDS prevention and disaster preparedness programs. All are reported to be safe and responding to the disaster.

To date, there have been no requests for blood products from the government of Haiti. However, some patients at an affected facility in Haiti have been moved to a Guantanamo Bay hospital, and the Armed Services Blood Program has asked both the Red Cross and Florida Blood Services for support for those patients. In addition, the American Red Cross will be sending a shipment of blood products to the United Nations Mission in Haiti.

While communication with those in Haiti is still difficult, people should contact the U.S. Department of State, Office of Overseas Citizens Services at 1-888-407-4747 if trying to reach a U.S. citizen living or traveling in Haiti. If trying to reach a Haitian citizen, callers should continue to call or contact other family members who live nearby.

While donations are coming in for Haiti relief, the initial American Red Cross response is made possible in part by contributions from members of the Red Cross Annual Disaster Giving Program (ADGP). The following partners designate a portion of their ADGP commitment to the International Response Fund: American Express, John Deere Foundation, Kimberly-Clark Corporation, Morgan Stanley and State Street Foundation.

Climate Change in Copenhagen

The heads of the world’s leading international financial institutions called for a comprehensive agreement to combat climate change at this month’s Copenhagen Conference and agreed to further coordinate their own efforts to help achieve the meeting’s ambitious goals.

In a joint statement, the leaders pledged to use their own organisations’ mandates, expertise, and resources to help authorities combine with the private sector to confront the challenges of climate change and to make the best possible use of available financing.The heads of the world’s leading international financial institutions called for a comprehensive agreement to combat climate change at this month’s Copenhagen Conference and agreed to further coordinate their own efforts to help achieve the meeting’s ambitious goals.Safeguard Medicare says American Medical Associations' President J.James Rohack, MD. 

The Joint Statement

We, the Heads of the MDBs and the IMF, appeal to the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) to agree in Copenhagen the foundations for an ambitious, comprehensive, and equitable global climate change regime that enables all countries to achieve sustainable development along climate-resilient and low greenhouse gas emission-intensive paths. We recognise the primacy of the UNFCCC, whose principles and process we have supported from the start. We endeavour, in accordance with our organizations’ respective mandates, expertise, and resources, to further coordinate our financing and analyses of climate change actions and enable our client partners to maximise the effective use of new financial flows.

The Context

Climate change is a major threat to sustainable development in all regions of the world and, in particular, to the achievement of the Millennium Development Goals (MDGs). Scientific evidence reveals unequivocal proof of the human footprint on the global climate and the adverse impacts that will ensue.

With climate change already happening and with more severe impacts to follow, it is essential that all countries integrate consideration of risks associated with climate change into their planning functions and development strategies. There is an urgent need to support the poorest countries and communities that are most vulnerable and least able to adapt to climate change.

It is critical that developed countries continue to take the lead in the mitigation of climate change by adopting adequate quantitative emissions reduction targets beyond 2012, and support and enable nationally appropriate mitigation actions by developing countries with technology, financing, and capacity-building.

The collective development experience of the MDBs suggests that many opportunities exist in developing countries, in particular in middle-income countries, to reduce greenhouse gas emissions while advancing sustainable development, creating opportunities for further growth, and reducing the impact of, and vulnerability to, climate change.

Ultimately, stabilising atmospheric concentrations of greenhouse gases within safe levels would require adequate, predictable and sustainable financial flows to developing countries, as well as policies in all major economies conducive to the creation of a broadly similar carbon price signal around the world.

Common Objectives from Experience Gained

The MDBs collectively are ready, in collaboration with other International Financial Institutions, UN agencies and other development partners, to build upon their respective mandates, expertise, and resources to help countries and their public and private sectors respond to the challenge of climate change while achieving the MDGs. To this end, we endeavour to:

help developing countries, in particular the least developed countries, adapt to climate change and strengthen the climate resilience of their development processes;

Help ensure that the world economy develops along a sustainable greenhouse gas emissions pathway;

Promote sustainable development, respecting human rights, in all client countries, and help developing countries achieve the MDGs;

Facilitate and enable access to finance for the development and transfer of climate-friendly technology and knowledge according to the needs and priorities of partner countries;

Promote market based solutions and mobilize and leverage private sector finance in support of climate change objectives.

MDB Collaboration for Better Results

First, in order to facilitate efficient and effective public and private investment, the MDBs endeavour to further coordinate their financing of climate actions within a common framework in accordance with their respective mandates, expertise, and resources. Such a framework will benefit from lessons learnt from our cooperation past and present, including recently-established Climate Investment Funds executed by the MDBs. As part of this common framework, we will seek to provide and facilitate country-driven, comprehensive packages of technical assistance and financing which may include blends of loans, grants, equity, carbon finance, and guarantees as appropriate and available. We will also seek to leverage public funds with private financial flows so as to mobilize market-based financing for climate investments.

Second, the MDBs will work to scale up financing for adaptation, developing projects and programmes that contribute to greater climate resilience, supporting national adaptation strategies, strengthening related institutions, and providing technical assistance and insurance products.

Third, following the outcome of the UNFCCC negotiations, the MDBs are also ready to scale up their support of processes that generate positive incentives relating to reducing emissions from deforestation and forest degradation in developing countries. We recognize agriculture, the building sector, industry and municipal infrastructure as other important sectors where opportunities exist to reduce emissions with proper incentives, capacity-building and technical support.

Fourth, the MDBs already have projects and programmes in energy efficiency, renewable energy, and sustainable transportation systems, and will further support increasing public and private sector investment to scale-up such projects and programmes using the full array of climate finance instruments and other financing products.

Fifth, the MDBs endeavour to work together to facilitate the continuity of and to reinforce the carbon market and related mechanisms beyond 2012. Our efforts will be directed to support a wider participation of all client countries and their private sectors in such mechanisms thereby facilitating a more equitable geographical distribution of their benefits. We intend to make available financing instruments to scale-up emission reductions, notably through programmatic and other broad approaches, as well as to provide further help to manage risks related to regulatory uncertainties associated with a post-2012 climate regime. We further intend to support countries in building readiness to participate effectively in these mechanisms by building the capacity of domestic public institutions and the private sector, including for project determination and emission verification, and by facilitating the establishment of domestic regulatory frameworks.

Sixth, the MDBs will seek to continue coordinating and harmonizing their respective approaches, processes and practices in the field of climate change to ensure a high-quality service to our clients, and to coordinate as appropriate with others supporting developing countries efforts to cope with climate change. We will continue to enhance knowledge and shared learning of best practices, including vulnerability and climate risk assessments at the regional, country and project level, low-emissions growth studies and other analytical work and tools.

Finally, the MDBs will support these efforts through technical advice, knowledge, and policy-development work. The IMF will advise countries in creating and managing fiscal space for dealing with the challenges of climate change, and in addressing the fiscal and financial risks that it poses.

The Heads of the MDBs and the IMF stand ready to put the depth and breadth of their human and financial resources at the service of the UNFCCC Parties and their private sectors in confronting the challenges posed by climate change. Rising to these challenges is imperative to avoid dangerous climate change and the threat that it poses to the achievement of the MDGs. An equitable and ambitious outcome in Copenhagen offers the prospect of sustainable development in all regions and countries.

Janet Napolitano Annoucnes Virtual Job Fair

Department of Homeland Security (DHS) Secretary Janet Napolitano today announced the launch of a virtual job fair at www.dhs.gov/cyberjobfair to recruit cybersecurity experts—capitalizing on DHS’ recently acquired authority to recruit and hire up to 1,000 cybersecurity professionals across the Department over the next three years.

“Effective cybersecurity is a shared responsibility between individuals, communities, government and the private sector to protect our cyber networks from terrorism and intrusion,” said Secretary Napolitano. “The virtual job fair will help us recruit top cyber analysts, developers and engineers to serve their country by leading the nation’s defenses against cyber threats.”

Through the virtual job fair, DHS is looking for applicants with experience in cyber risk and strategic analysis; malware/vulnerability analysis; incident response; exercise facilitation and management; vulnerability detection and assessment; intelligence analysis; and cyber-related infrastructure interdependency analysis.

The new hiring authority, which results from a collaborative effort between DHS, the Office of Personnel Management (OPM) and the Office of Management and Budget, streamlines the hiring process to allow the Department to hire up to 1,000 positions over three years across DHS to fulfill critical cybersecurity roles. Although DHS does not anticipate the need to fill all 1,000 positions, this cap reflects the Obama administration’s commitment to building a world-class cyber organization and competing for the nation’s top cybersecurity talent.

Secretary Napolitano announced the new hiring authority in October as part of National Cybersecurity Awareness Month—a campaign to highlight the steps being taken by the federal government to secure the nation’s cyber infrastructure, systems and networks and educate citizens about guarding against cyber threats at home, work and school.

For more information, visit www.dhs.gov/cyberjobfair.

There is Refinance Help Available

There are refinance plans availble for you if you are a responsible home owner. Also look into modification deals. Assistance from a HUD representative is free, no charge to you.

Report Lending Discrimination to HUD

HUD-approved housing counseling agencies are available to provide you with the information and assistance you need to avoid foreclosure. As part of President Obama's comprehensive Homeowner Affordability and Stability Plan (HASP), you may be eligible for a special Making Home Affordable loan modification or refinance, to reduce your monthly payments and help you keep your home.

If you believe you have experienced discrimination based on race, gender, national origin, or another reason, contact HUD’s Office of Fair Housing and Equal Opportunity at 1-800-669-9777, or see http://www.hud.gov/offices/hsg/sfh/hcc/fc/

Mortgage Rates Down for Long Term Says Freddie Mac

McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 5.04 percent with an average 0.7 point for the week ending September 17, 2009, down from last week when it averaged 5.07 percent. Last year at this time, the 30-year FRM averaged 5.78 percent. The last time the 30-year FRM was lower was the week ending May 28, 2009, when it averaged 4.91 percent.The 15-year FRM this week averaged 4.47 percent with an average 0.6 point, down from last week when it averaged 4.50 percent. A year ago at this time, the 15-year FRM averaged 5.35 percent. This is the lowest the 15-year FRM has been since Freddie Mac started tracking it in 1991.

The five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 4.51 percent this week, with an average 0.5 point, up from last week when it averaged 4.51 percent. A year ago, the 5-year ARM averaged 5.67 percent.

The one-year Treasury-indexed ARM averaged 4.58 percent this week with an average 0.5 point, down from last week when it averaged 4.64 percent. At this time last year, the 1-year ARM averaged 5.03 percent.(Average commitment rates should be reported along with average fees and points to reflect the total cost of obtaining the mortgage.)

“Interest rates for fixed-rate mortgages eased for the third consecutive week and remained at 3-month lows,” said Frank Nothaft, Freddie Mac vice president and chief economist. “Interest rates for 30-year fixed-rate mortgages have averaged just above 5 percent through mid-September, which is roughly a percentage point below last year’s average and suggests that 2009 may reach a record annual low since the survey began in 1971.

“Low mortgage rates are aiding new home construction. Housing starts for single family homes have increased consecutively over the five past months ending in July, although starts eased slightly in August. Moreover, homebuilder confidence improved for the third straight month in September, with all four regions showing positive gains, according the National Association of Home Builder’s Housing Market Index.” 

Treasury Announces $486 Million in Recovery Act Funds to Create Jobs, Provide Affordable Housing

With Funds from Fourth Award Round, More Than $1 Billion Obligated to Date under Innovative Recovery Program to Help Local Communities

WASHINGTON – As part of the Obama Administration's effort to create jobs and ease pressures on the housing market, the U.S. Department of the Treasury today announced $486 million in American Recovery and Reinvestment Act (Recovery Act) funding to spur the development of affordable housing units in Alabama, Arkansas, Connecticut, Georgia, Louisiana, Maryland, Massachusetts, Montana, New Hampshire, New Mexico, the Virgin Islands, and Vermont.

"Today's announcement of housing funds demonstrates how the Recovery Act is putting our nation on the path to economic stability, one community at a time," said Treasury Deputy Secretary Neal Wolin. "This initiative will help spur construction and development, create much needed jobs, and increase the availability of affordable housing for families around the country."

The labor and housing crises in this country are deeply inter-connected. Since their peak level at the beginning of 2006, housing starts have fallen almost 80 percent. Houses currently under construction are at a 13-year low, down more than 60 percent from the peak in the first quarter of 2006. This collapse has led to severe job losses in the residential building and specialty trades sector related to housing, with employment down by nearly one-third -- a loss of over one million jobs. Such losses not only indicate significant problems in the residential construction sector, but also suggest that the need for affordable housing has risen markedly during the recession.

In response, the Treasury Department and the Department of Housing and Urban Development have been implementing new efforts designed to help families while providing important assistance to homebuilders. Specifically, Treasury has launched an innovative program that will provide more than $3 billion from the Recovery Act to put people to work building quality, affordable housing for individuals and families affected by the current crisis.

The Treasury Department will work with state housing agencies to jump start the development or renovation of qualified affordable housing for families across the country. Under this program, after meeting certain eligibility requirements, state housing agencies will receive funding to construct affordable housing developments.

Today, the Treasury Department is announcing the fourth round of recipients: $36 million in Alabama; $29 million in Arkansas; $34 million in Connecticut; $76 million in Georgia; $114 million in Louisiana; $44 million in Maryland; $51 million in Massachusetts; $16 in Montana; a second round for $17 million in New Hampshire bringing the total to nearly $28 million; $38 million in New Mexico; $20 million to the Virgin Islands; and $10 million to Vermont.

The funds announced today are the fourth round in a series of awards based on a rolling application process. The Treasury Department anticipates making similar announcements in the coming weeks.

APPLY FOR GRANTS TO STATES FOR LOW-INCOME HOUSING PROJECTS IN LIEU OF LOW-INCOME HOUSING TAX CREDIT ALLOCATIONS FOR 2009

HUD Offers $58 Million for Housing Counseling

WASHINGTON - The U.S. Department of Housing and Urban Development today announced that more than $58 million is available for a broad range of housing counseling programs to help families find and preserve housing. Funding to help hundreds of thousands of homeowners, homebuyers and renters find and sustain housing.The funding is an increase of $11 million, or 23 percent, over last year. These grants will be awarded competitively to hundreds of HUD-approved counseling agencies and State Housing Finance Agencies that offer a variety of services including how to purchase or rent a home, how to avoid foreclosure, how to improve credit scores, and how to qualify for a reverse mortgage.

"Now, more than ever, it is crucial that American families make informed decisions about their housing choices," said HUD Secretary Shaun Donovan. "These counseling agencies are also vital to the success of the President's Making Home Affordable Plan which is helping families avoid foreclosure and remain in their homes."

HUD-approved counseling agencies provide homeownership counseling as well as financial literacy education to renters and homeless individuals and families. This year HUD's Housing Counseling Grant program will provide approximately $47 million for comprehensive counseling; $8 million for Reverse Mortgage Counseling, $2 million for supplemental funding for Loan Document Review Counseling, and $1 million in supplemental funding for Fair Lending and Mortgage Fraud Analysis and Counseling.

National and regional agencies distribute much of HUD's housing counseling grant funding to community-based grassroots organizations that provide advice and guidance to low- and moderate-income families seeking to improve their housing conditions. In addition, these larger organizations help improve the quality of housing counseling services and enhance coordination among their counseling providers.

HUD will award grants to approximately 400 applicants. Applications may be downloaded from HUD's website including instructions on submitting proposals via Federal Express (FedEx), United Parcel Service

HUD Suspends Three Lenders from FHA

WASHINGTON - The U.S. Department of Housing and Urban Development's Mortgagee Review Board has suspended three lenders based on evidence of serious violations under HUD's regulations. The three lenders are Golden First Mortgage Corp of Great Neck, NY; Great Country Mortgage Bankers, Inc. of Coral Gables, FL; and Beneficial Mortgage Corporation of San Juan, PR.

Lenders subject to suspension are prohibited from originating new FHA-insured mortgages pending completion of HUD's investigation into their lending practices.

The Board found that Golden First Mortgage (GFM) failed to notify HUD/FHA of an investigation by the Office of Thrift Supervision (OTS) into the business activities of the company's president, including his involvement in a civil money penalty with OTS.

Great Country Mortgage Bankers, Inc. (GCMB) was suspended as a result of evidence compiled by HUD that the lender violated multiple HUD/FHA requirements, including failure to implement a required quality control plan; failure to ensure that employees worked exclusively for GCMB; failure to disclose business affiliations between GCMB and real estate and title service providers; and failure to properly verify key credit information in 55 FHA mortgage loans reviewed by HUD.

The Board took action against Beneficial Mortgage Corporation (Beneficial) after Beneficial failed to notify HUD/FHA of an investigation and sanctions imposed by the Puerto Rico Financial Institutions Commissioner's Office (OCIF) related to mortgage servicing practices. OCIF's actions included revoking Beneficial's license or authorization to originate mortgages in Puerto Rico.

HUD is continuing to investigate the business practices of these three lenders.

In taking these actions, the Board determined that due to the serious nature of each violation and the inherent risk to the Department and the public, the suspensions were necessary to protect the financial soundness of FHA's insurance fund.

Foreclosure Help in Maryland

Your rights and protections under Governor Martin O’Malley/font>

Thomas E. Perez Secretary Department of Labor, Licensing and Regulation Department of Labor, Licensing and Regulation

If you or someone you know is having trouble making mortgage payments, call toll free: 1-877-462-7555 or visit www.mdhope.org

If you or someone you know has been a victim of mortgage fraud or a foreclosure rescue scam, call toll free: 1-888-784-0136

Credit Card Accountability in the U.S.

WASHINGTON – Today, May 21, 2009 President Obama signs the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009, marking a turning point for American consumers and ending the days of unfair rate hikes and hidden fees.

Americans need a healthy flow of credit in our economy, but for too long credit card contracts and practices have been unfairly and deceptively complicated, often leading consumers to pay more than they reasonably expect. Every year, Americans pay around $15 billion in penalty fees. Nearly 80 percent of American families have a credit card, and 44 percent of families carry a balance on their credit cards. To tackle these problems, the Administration moved swiftly with the Congress to enact reforms.

"With this new law, consumers will have the strong and reliable protections they deserve. We will continue to press for reform that is built on transparency, accountability, and mutual responsibility – values fundamental to the new foundation we seek to build for our economy," President Obama said.

Principles for Long-term Credit Card Reform

First, there have to be strong and reliable protections for consumers.

Second, all the forms and statements that credit card companies send out have to have plain language that is in plain sight.

Third, we have to make sure that people can shop for a credit card that meets their needs without fear of being taken advantage of.

Finally, we need more accountability in the system, so that we can hold those responsible who do engage in deceptive practices that hurt families and consumers.

The Administration applauds the legislative efforts of both the House and the Senate. By working closely together, the House Financial Services Committee and the Senate Banking Committee were able quickly to enact strong protections that the President signs into law today. Below we highlight the critical elements of reform in this new law:

Bans Unfair Rate Increases

Prevents Unfair Fee Traps

Plain Sight /Plain Language Disclosures

Accountability

Protections for Students and Young PeopleClick here for For additional information

$500,000 Donation

WASHINGTON, Thursday, May 07, 2009 — Northwestern Mutual’s Foundation is helping to strengthen communities through a $500,000 donation to the American Red Cross to enhance its recovery and relief efforts in areas affected by natural disasters. Demonstrating its commitment, Northwestern Mutual is also making it easy for its more than 7,000 financial representatives, 5,000 employees and 3.3 million policyowners to become “fans” of the American Red Cross on Facebook, enroll in an American Red Cross Disaster Services Training course, and pledge personal donations to the organization.

“This commitment to the American Red Cross is one more way that we can help communities and policyowners protect what matters most,” said Edward J. Zore, Northwestern Mutual chairman and chief executive officer. “True security and stability means being prepared to respond to risks. As a financial security provider, our company is committed to helping people prepare for and recover from disasters.”

“Northwestern Mutual Foundation’s generous donation will enable the Red Cross to help communities prepare for and respond to disasters,” said Jeffrey Towers, Chief Development Officer at the American Red Cross. “Donations that are made in advance of major disasters are essential to the organization’s ability to provide services like sheltering and feeding immediately after a disaster strikes.”

30 Year FRM 6.06

McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 4.78 percent with an average 0.7 point for the week ending April 30, 2009, down from last week when it averaged 4.80 percent. Last year at this time, the 30-year FRM averaged 6.06 percent. The 30-year FRM now equals the record low that was set the week of April 2, 2009. It has never been recorded lower in Freddie Mac's survey, which goes back to 1970.

The 15-year FRM this week averaged 4.48 percent with an average 0.7 point, unchanged for the third week in a row. A year ago at this time, the 15-year FRM averaged 5.59 percent. This is tied with the last two weeks for the lowest the 15-year FRM has been since Freddie Mac began tracking it in August 1991.

Five-year Treasury-indexed hybrid adjustable-rate mortgages (ARMs) averaged 4.80 percent this week, with an average 0.6 point, down from last week when it averaged 4.85 percent. A year ago, the 5-year ARM averaged 5.73 percent. This is the lowest the 5-year ARM has been since Freddie Mac began tracking it in January 2005.

One-year Treasury-indexed ARMs averaged 4.77 percent this week with an average 0.7 point, down from last week when it averaged 4.82 percent. At this time last year, the 1-year ARM averaged 5.29 percent.

"Rates for fixed-rate mortgages hovered at record lows this week as ARM rates eased further," said Frank Nothaft, Freddie Mac vice president and chief economist. "Mortgage rates for 30-year fixed rate mortgages, the most popular loan among homebuyers and families seeking to refinance, are more than 1.6 percentage points below the recent peak set at the end of October 2008. For a $200,000 loan, this means a monthly savings of almost $212 in mortgage payments or over $2,500 per year. In aggregate, borrowers who refinanced during the first quarter reduced their mortgage payments by about $2.5 billion over the coming year.

"The housing market may be edging towards a bottom. Existing home sales stayed near its four-month average in March while new home sales were stronger than the market consensus. More importantly, the inventory of unsold new homes fell to the lowest number since January 2002. And, the S&P/Case-Shiller® 20-city composite index did not show a record year-over-year decline in February for the first time since December 2006. Finally, housing affordability hit record highs in the first quarter of this year, according to figures from the National Association of Realtors, which date back to January 1971." 

The 15-year FRM this week averaged 4.48 percent with an average 0.6 point, downfrom last week when it averaged 4.54 percent. A year ago at this time, the 15-year FRM averaged 5.40 percent. This is the lowest the 15-year FRM has been since Freddie Mac began tracking it in August 1991.

Five-year Treasury-indexed hybrid adjustable-rate mortgages (ARMs) averaged 4.88 percent this week, with an average 0.6 point, downfrom last week when it averaged 4.93 percent. A year ago, the 5-year ARM averaged 5.48 percent. This is the lowest the 5-year ARM has been since Freddie Mac began tracking it in January 2005.

One-year Treasury-indexed ARMs averaged 4.91 percent this week with an average 0.7 point, up from last week when it averaged 4.83 percent. At this time last year, the 1-year ARM averaged 5.10 percent.

(Average commitment rates should be reported along with average fees and points to reflect the total cost of obtaining the mortgage.)

"Mortgage rates on fixed-rate loans and some ARM products eased this week," said Frank Nothaft, Freddie Mac vice president and chief economist. "The housing industry is starting to exhibit some positive signs, albeit scarce and too early to tell how permanent. In its April 15th regional economic report, the Federal Reserve reported that better-than-expected buyer traffic led to a scattered pickup in home sales in a number of its Districts over the 6-week period ending on April 6th. Factors such as homebuyer tax credits, low mortgage rates, and more affordable prices were cited as leading to more potential buyers. This may have added to the rise in homebuilder confidence in April, which rose to the highest level in six months, according to the National Association of Home Builders. Moreover, confidence increased in each of the four regions, led by the Northeast and Midwest.

$100 Million

U.S. Department of Homeland Security (DHS) Secretary Janet Napolitano announced today $100 million in American Recovery and Reinvestment Act (ARRA) funds for the Emergency Food and Shelter Program (EFSP), provided through a Federal Emergency Management Agency (FEMA) grant. With this funding, EFSP will have distributed more than $3.4 billion in federal funds over the past 26 years to provide food and shelter to families in need across the United States.

"These ARRA funds will provide immediate relief to communities impacted by unemployment and poverty," said Secretary Napolitano. "The community organizations receiving this money not only support Americans in need, but also play a crucial role in helping to get our economy back on track and families back on their feet."Today's ARRA funds come in addition to FEMA's $200 million annual FY 2009 appropriation for EFSP announced in December.

Secretary Napolitano made the announcement at a United Way 2-1-1 Call Center, which helps connect individuals and families to social services, including organizations that benefit from EFSP funds. A National Board comprised of voluntary agencies oversees the program, while United Way of America, which serves as EFSP Executive Secretariat, administers the distribution of EFSP funds to social service agencies in more than 2,500 cities and counties.

EFSP was created in 1983 with a $50 million federal appropriation to help meet the needs of hungry and homeless people throughout the United States and its territories by allocating federal funds for the provision of food and shelter. Appropriated annually by Congress under the McKinney-Vento Homeless Assistance Act, EFSP provides supplemental funds to more than 12,000 agencies.

The ARRA, signed into law by President Obama on Feb. 19, provided more than $3 billion for DHS activities and needs, via direct appropriation and the General Services Administration (GSA). Of that amount, $100 million was appropriated for EFSP.

President Obama Buys 17,600 American Cars

Washington, D.C. – Speaker Pelosi released the following statement regarding the Obama Administration’s announcement that the federal government will use money from the American Recovery and Reinvestment Act to buy about 17,600 new, fuel efficient vehicles produced by American automobile companies:

“President Obama’s decision will provide a much-needed lift to our domestic auto industry and its workers, help save the planet by reducing carbon emissions, and help save taxpayers money by reducing the government’s fuel costs. By purchasing new, fuel efficient vehicles—such as those that run on natural gas or electricity—the Administration will also help drive demand for cars that are easier on our environment and cheaper to refuel.

“While our domestic auto industry remains in serious trouble, President Obama’s action again shows our commitment to these American companies and their workers. The President and Congress will continue to support the American auto industry and our auto workers in these difficult times.”

Red Cross Volunteers Working Around the Clock Italy

In response to the powerful earthquake and aftershocks that rocked Italy this week, the American Red Cross has committed $50,000 to support the humanitarian relief activities currently being carried out by the Italian Red Cross.

According to Eric Porterfield, International Communications

Thursday, April 09, 2009 — Aftershocks continue to rock the medieval mountain city of L' Aquila and nearby villages, disrupting rescuers and relief workers. Meanwhile, more than 600 Red Cross volunteers are on the ground feeding, caring for and sheltering survivors.

An Italian Red Cross worker assessing a quiet street in L' Aquila, Italy after a major 6.3 magnitude earthquake struck on April 6. Italian Red Cross The Italian Red Cross is running a total of four tent camps, with more than 4,000 beds, in Assergi, San Gregorio, Collemaggio and Centicolella. A fifth camp is housing Italian Red Cross disaster response workers.

In Abruzzo province, five Red Cross soup kitchens are in operation, providing a total of 22,000 meals a day. More than 70 Red Cross staff and volunteers are running the kitchen in L' Aquila. The fifth soup kitchen has arrived in the area of Fintec from Verona with a base camp for up to 300 Red Cross workers, bulldozers and a four-wheel drive ambulance.

More than 30 Red Cross ambulances continue to transport the injured to nearby hospitals. The Red Cross is running three advanced medial posts to treat the more severe injuries - two in L' Aquila and one in Paganica - and two triage tents helping with first aid. The Red Cross psychological support teams are working closely with the families hit hardest by this tragedy deal with their losses.

On Wednesday, the International Federation of Red Cross and Red Crescent Societies allocated CHF 700,000 (or $613,944) from its Disaster Relief Emergency Fund to support the Italian Red Cross in delivering immediate assistance to 15,000 people.

North Dakota

According to the Red Cross Area bracing for blizzard conditions that may threaten levees:

Monday, March 30, 2009 — The American Red Cross has shifted to a 24-7 feeding effort supporting the volunteers carefully watching North Dakota and Minnesota levees. This makes the 11th day that Red Cross workers have been on the scene feeding and supplying the city of Fargo as residents battle the Red River.

The Red Cross will continue feeding and sheltering efforts for as long as needed. At press time, more than 42,500 meals and 120,600 snacks have been served and 39 Emergency Response Vehicles (ERVs), staffed with more than 500 Red Cross workers and volunteers, have been involved in the relief effort.

Unfortunately, Mother Nature may bring additional bad weather to the Fargo area in the form of a blizzard with high winds and as many as 14 inches of snow. Although Red River levels are falling, they are still more than 20 feet above flood level. According to local news reports, the U.S. Army Corps of Engineers is concerned that the storm’s high winds may cause river waves to smash against the sandbag levees, causing them to weaken. The Red Cross is working closely with state and local officials on plans to shelter evacuees should the levees fail.

Residents are being asked to stay off the streets and schools remain closed. “We need to get through this storm and have some confidence in the river levels before the city lets down its guard,” said Fargo’s mayor, Dennis Walaker.

U. S. Department HS Katrina Deadline Extended to May 1, 2009

U.S. Department of Homeland Security Secretary Janet Napolitano announced today that the Federal Emergency Management Agency's (FEMA) temporary housing program for Katrina and Rita individuals and families may, at the request of a state, be extended for an additional 60 days until May 1, 2009. The Katrina/Rita direct housing mission is currently scheduled to end on March 6, 2009.

"We understand the importance of helping states smoothly transition families into a better long-term living environment. Given that, I am authorizing states a 60-day extension, where needed, to provide additional time to successfully coordinate and manage this transition, " said Secretary Napolitano. "This extension opportunity allows FEMA to continue to be responsive to states' needs by providing innovative, flexible and compassionate solutions to help disaster survivors get back on their feet. While we are proud of the tremendous progress we've made, we won't be satisfied until every disaster survivor has the opportunity to successfully navigate the road to recovery.

Where Can I Get More Help for my Home Financing?

See http://www.freddiemac.com/avoidforeclosure/where_to_get_help.html

30-Year Fixed Rate Falls to at Least a 37-Year Low

McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 5.19 percent with an average 0.7 point for the week ending December 18, 2008, down from last week when it averaged 5.47 percent. Last year at this time, the 30-year FRM averaged 6.14 percent. The 30-year FRM has not been lower since Freddie Mac started the Primary Mortgage Market.

The 15-year FRM this week averaged 4.92 with an average 0.7 point, down from last week when it averaged 5.20 percent. A year ago at this time, the 15-year FRM averaged 5.79 percent. The 15-year FRM has not been lower since April 1, 2004, when it averaged 4.84 percent.

Five-year Treasury-indexed hybrid adjustable-rate mortgages (ARMs) averaged 5.60 percent this week, with an average 0.6 point, down from last week when it averaged 5.82 percent. A year ago, the 5-year ARM averaged 5.90 percent.

One-year Treasury-indexed ARMs averaged 4.94 percent this week with an average 0.5 point, down from last week when it averaged 5.09 percent. At this time last year, the 1-year ARM averaged 5.51 percent.

Average commitment rates should be reported along with average fees and points to reflect the total cost of obtaining the mortgage.

"Interest rates for 30-yea fixed-rate mortgage rates fell for the seventh consecutive week, moving these rates to the lowest since the survey began in April 1971," said Frank Nothaft, Freddie Mac vice president and chief economist. "The decline was supported by the Federal Reserve announcement on December 16th, when it cut the federal funds target to a record low and stated it stood ready to expand its purchases of mortgage-related assets as conditions warrant.

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.

Maryland Governor O'Malley Announces New Web site for Citizens

Though we have seen our share of challenges this year with a downturn in the national economy and mortgage foreclosure crisis, there is still a tremendous amount that we should be proud of in our One Maryland. Our State tops most others in technology preparedness, exports, job growth, employment, and public schools.

But as Franklin D. Roosevelt once said, "The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.

To help Maryland families during these cold winter months and uncertain economic times, we have prepared this webpage to help qualifying citizens locate and access a range of State assistive programs and services.Send an e-mail to:Governor Martin O'Malley

From the World Bank

Washington , February 26, 2009 – Armenia and the Democratic Republic of Congo have become the first two countries benefitting from a special fast track facility set up by the World Bank Group to help the world’s poorest countries cope with the impact of the financial crisis.

The World Bank’s Board of Executive Directors has approved a package of three operations totaling $35 million for Armenia and a $100 million for the Democratic Republic of Congo, from the fast track facility, amid clear signs poor people in both countries are suffering from the crisis.

“Armenia’s economy has already been hard hit through slower direct investments, falls in remittances and commodity prices, with unemployment now rising,” said the Bank’s Managing Director, Ngozi Okonjo-Iweala. “This illustrates the clear case for the fast tracking of funding for local works and projects which can provide jobs this year.”

Remittances, estimated at US$1.6 billion estimated in 2008, accounted for nearly 20 percent of Armenia ’s GDP and are expected to decline sharply this year. The Bank has revised downwards the country’s GDP growth from double digit rates over the past decade to near zero in 2009.

The US$35 million for Armenia will help to create some 280,000 job days of employment in rural areas from road rehabilitation and investments in small-scale infrastructure.

“We’re already seeing the financial crisis taking a heavy toll on the poor in these countries. It’s poor people who will be hit hardest by this crisis and that only serves to highlight the obvious need to speed up assistance to help who’ve lost their jobs or face uncertain times,” Okonjo-Iweala said.

Job losses have also been evident in the Democratic Republic of Congo due to cutbacks in the mining sector and slower investment activity. In mining areas around Katanga, the closure of small mines and cutbacks in larger operations has seen an estimated 200,000 people lose their jobs, with 1 million people indirectly affected.

A sharp slowdown in growth in the DRC is now expected this year, with growth prospects further undermined by renewed security risks in the eastern part of the country.

The US$100 million emergency grant from the International Development Association (IDA) Financial Crisis Response Fast Track Facility will help finance short term costs of importing essential goods and commodities, paying salaries of teachers in primary and secondary schools and the state water and electricity bills.

The IDA Fast Track Facility for the world’s poorest countries has been created with the aim of speeding up grants and long-term, interest-free loans to fund infrastructure, education, health and social safety nets.

The facility is expected to fast track an initial US$2 billion of IDA 15 resources, which provides US$42 billion to 78 of the world’s poorest countries over the next three years.

 

Imaging Technology for Airports

Department of Homeland Security (DHS) Secretary Janet Napolitano today announced the first 11 airports to receive advanced imaging technology (AIT) units purchased with American Recovery and Reinvestment Act (ARRA) funds—strengthening security at airports throughout the country while boosting local economies.

“By accelerating the deployment of this technology, we are enhancing our capability to detect and disrupt threats of terrorism across the nation,” said Secretary Napolitano. “These 11 airports will be the first of many to receive this enhanced technology as a result of the Recovery Act.”

Based on security and operational needs, the Transportation Security Administration (TSA) will deploy AIT units to the following airports:

Boston Logan International (BOS)

Charlotte Douglas International (CLT)

Chicago O’Hare International (ORD)

Cincinnati/Northern Kentucky International (CVG)

Fort Lauderdale-Hollywood International (FFL)

Kansas City International (MCI)

Los Angeles International (LAX)

Mineta San José International (SJC)

Oakland International (OAK)

Port Columbus International (CMH)

San Diego International (SAN)

AIT units are being installed today at Boston Logan International airport, and within the coming week at Chicago O’Hare International airport, followed by full deployment of the ARRA-funded technology at the remainder of the 11 airports by Summer 2010. All airports receiving ARRA-funded AIT units, except Los Angeles International, are receiving this technology for the first time.

Additional airports will be announced in the near future. Many factors are taken into consideration before AIT units are deployed including airport readiness, checkpoint infrastructure, and capacity to ensure privacy protections—including a separate, remotely located room for viewing images.

Advanced imaging technology is designed to bolster security by safely screening passengers for metallic and non-metallic threats—including weapons, explosives and other objects concealed under layers of clothing. The ARRA-funded machines will include the latest security enhancements to detect new and evolving threats.

TSA ensures passenger privacy through the anonymity of AIT images—a privacy filter is applied to blur all images; images are permanently deleted immediately once viewed and are never stored, transmitted or printed; and the officer viewing the image is stationed in a remote location so as not to come into contact with passengers being screened.

Currently, 40 AIT units purchased previously are deployed at 19 airports nationwide. TSA expects to deploy a total of 450 AIT units by the end of 2010.

Last month, in recognition of the one-year anniversary of the Recovery Act, Secretary Napolitano highlighted the ARRA investments in technology and infrastructure at airports across the country.

ARRA, signed into law by President Obama on Feb. 17, 2009, committed more than $3 billion for homeland security projects through DHS and the General Services Administration (GSA). Of the $1 billion allocated to TSA for aviation security projects, $700 million is dedicated to screening checked baggage and $300 million is allocated for checkpoint explosives detection technologies.

Make Your Homes More Affordable

If you're having trouble getting a straight answer in connection with the Making Home Affordable program, call 1-888-995-HOPE and they will be able to get you the help you need.

If you believe you have experienced discrimination based on race, gender, national origin, or another reason, contact HUD’s Office of Fair Housing and Equal Opportunity at 1-800-669-9777.

Update by the American Red Cross

February 12, 2010 — The American Red Cross today issued a one-month progress report on its efforts to provide food, water, relief supplies, shelter, healthcare, family services and other assistance since the January 12 earthquake in Haiti.

“Every day since the earthquake, we have been focused on getting aid into the hands of those who need it most,” said Gail McGovern, president and CEO with the American Red Cross. “The American people have entrusted us with this responsibility, and we remain committed to helping the people of Haiti cope with their losses.”

Since the earthquake, the American Red Cross has raised approximately $255 million for the Haiti relief and recovery efforts. To date, it has spent or committed $80 million, with approximately 69 percent of the funds spent or committed for food and water; 20 percent for shelter; and 11 percent for health and family services. As the response progresses and recovery begins, the Red Cross will continue to support these priority areas and longer-term assistance initiatives.v

Food, Water and Other Relief Items

The American Red Cross has provided 3 million pre-packaged meals to the United Nations World Food Programme as well as $30 million in funding to help feed an additional 1 million people for a month. To meet the dire need for clean water, it has also distributed more than 1 million water-purification sachets as well as containers that allow people to clean and carry water. The American Red Cross is also providing supplies for 130,000 people and working with Red Cross teams from other nations distributing relief items, such as blankets, kitchen supplies, hygiene kits and buckets.

Shelter

More than 1 million people in Haiti are in need of shelter. Leaders representing more than 20 Red Cross and Red Crescent societies, including the American Red Cross, gathered this week in Montreal, Canada for a two-day summit to develop and coordinate a comprehensive approach to respond to Haiti’s immediate and long-term needs.

“The challenges to quickly develop and deliver appropriate transitional shelters, and to do so prior to the rainy season, are immense,” said David Meltzer, senior vice president of international services with the American Red Cross. “This week’s meetings establish both a commitment and process to quickly shelter tens of thousands of survivors.”

In coordination with other relief agencies, the Red Cross aims to address the complex shelter situation in Haiti through a combination of strategies, including:

Providing local families with solutions that will encourage them to rebuild safely near their pre-disaster homes, supporting host families who are housing displaced people, supporting people in post-quake settlements by providing both tarps and tents, Health and Family Services

Since the earthquake, American Red Cross has provided nearly 750 units of blood for earthquake survivors, more than 50 Creole-speaking interpreters for the USNS Comfort hospital ship, and $600,000 worth of food for the mobile clinics and hospitals operated by other Red Cross teams in Haiti.

In the United States, the American Red Cross has been providing welcoming services, shelter and other support for repatriated citizens and medical evacuees who arrived home following the earthquake. In addition, the American Red Cross is helping people find and reestablish contact with their loved ones in Haiti through its international family tracing service – a form of assistance that is also being provided by the Red Cross in Haiti.

Looking Ahead

It is clear that what took minutes to destroy will take many years and the collective support from governments and relief agencies across the globe to help rebuild. Because of extraordinary support from the American public, the American Red Cross will continue to play an important role in relief efforts in the months ahead.

“The needs are great, but the generous support of the American people is making a difference every day,” said McGovern.

United Nations Foundation

Direct donation to the CERF bank account at:

JP Morgan Chase Bank

International Agencies Banking

1166 Avenue of the Americas

NY, NY10036-2780

Account Title: Central Emergency Response Fund (CERF) Charitable Donations

Account No:485 002671

ABA No:021000021

Swift Code:CHASUS33 (for international transfer)

3. Donation from a cellphone

Anyone can donate from their cell phone, just text CERF to 90999, to give $5, up to 5 times. The donation will appear on your cell phone bill. (Full terms can be found at www.mgive.com/a.)

For Governments

Governments wish to make a contribution should contact the CERF Secretariat:

CERF Secretariat

Office for the Coordination for Humanitarian Affairs

United Nations

Email: cerf@un.org

Fax: +1 212 963 1312

 

 

Marylanders' Reponse to Haiti

ANNAPOLIS, MD (January 15, 2010) – Governor Martin O’Malley today encouraged Maryland residents who wish to help with the ongoing earthquake relief efforts in Haiti to provide monetary donations to agencies that are or will be deploying to the area. The Governor has asked the Maryland Emergency Management Agency (MEMA) to coordinate the preparation of any state or local assets that may be requested.

“The devastation that we have seen from media reports in Haiti is unspeakable,” the Governor said. “We have received calls and emails from many Marylanders looking for ways to help in the relief efforts. The best and most effective means of assistance we can provide is economic support to disaster relief agencies who are experienced with these types of operations.”

Monetary donations are the best way to support relief activities in any disaster. The State Department is tasked with coordinating any United States response to a foreign disaster, and has established a link to a list of disaster relief agencies working in the area. The list also includes information on how to make donations to the agencies.

MEMA is reaching out to other state agencies, local emergency managers and volunteer agencies around Maryland to discuss what assets might be available if requested by the State Department. There also have been meetings with the Maryland National Guard to discuss transportation of people, supplies and equipment to Haiti, if requested.

Those wishing to donate clothing and other materials are asked not to do so unless a disaster response agency specifically requests such items. After many disasters, truckloads of such good often are discarded due to the difficulty of matching the donated items with an appropriate recipient; therefore monetary donations are strongly encouraged as they can be used to more effectively assist survivors.

Marylanders who wish to help should not deploy to any disaster area unless they belong to a disaster relief organization or an approved response agency and have been requested by the State Department, MEMA or a local emergency management office.

WHO

13 JANUARY 2010 | GENEVA -- The severe earthquake that struck Haiti and the Dominican Republic has inflicted large-scale damage, including on hospitals and health facilities, and large numbers of casualties are feared.

Immediate health priorities include:

WHO Health Action in Crises Haitisearch and rescue of survivors trapped underneath rubble;treatment of people with major trauma injuries;preventing the infection of wounds;provision of clean water and sanitation; and ensuring breast-feeding is continued.

Control of communicable diseases, such as diarrhoeal diseases and respiratory infections, will be another major concern in coming days.

WHO is working with local authorities, United Nations agencies and humanitarian partners to respond to the emergency. More specifically, WHO is supporting the Haitian government to best coordinate international health assistance to the country. WHO is also collecting data on the health impact of the earthquake to disseminate to other humanitarian aid providers.

In addition, WHO is deploying a 12-member team of health and logistics experts. The WHO experts being sent include specialists in mass casualty management, coordination of emergency health response and the management of dead bodies.

UN buildings, including the WHO premises, have suffered damage in the magnitude 7.0 earthquake, which struck on 12 January. The main force of the earthquake was felt 17 kilometres south-west of the Haitian capital, Port-au-Prince.

Haiti is a country that has already suffered from years of humanitarian crisis and natural disasters, including a series of hurricanes that battered the country in 2008.

 

Electorate Way Ahead

12-15-09 There is broad support among Democrats, Republicans and Independents for a bipartisan fiscal commission to address America's debt and deficit challenges according to a new poll commissioned by the Peter G. Peterson Foundation. The poll also shows that Americans believe dealing with the debt and deficit should be a top priority and that leaders Washington are not paying enough attention to this issue.

"The bottom line is that our electorate is way ahead of Washington policymakers — many of whom who don't seem to realize that we can't spend and borrow our way to prosperity," said David M. Walker, President & CEO of the Peter G. Peterson Foundation.

"Tough choices must be made in connection with budget controls, entitlement reforms, spending constraints and revenue increases. A special bipartisan commission is needed to engage the American people in a discussion about comprehensive reforms."

There is growing recognition among policymakers that a bipartisan commission is the best way to address the fiscal crisis. It was recently reported that the Obama Administration is giving serious consideration to establishing a special commission to addressing America's large and growing structural deficits and debt burdens.

Among the survey's findings:

80% of voters believe dealing with America's growing budget deficit and national debt should be a high or absolute top priority for the President and Congress, second only to preeminent need to get the economy back on track and get Americans back to work.

Voters ranked the need for the President and Congress to deal with our nation's growing deficit and debt ahead other timely issues facing our country, including the wars in Afghanistan and Iraq, improving public schools, passing health care reform, and cutting taxes for the middle class.

Roughly two-thirds of voters (66%), believe leaders in Washington D.C. are not paying enough attention to federal budget problems. This is a significant increase from the 56% of voters who felt the same way earlier this year, according to a PGPF national survey conducted in February 2009.

The survey reveals that 70% of voters favor a bi-partisan fiscal commission to the regular congressional process as the best means to begin tackling our growing budget deficit and national debt.

Support for a special bipartisan commission was consistent among Democrats (71% support), Republicans (68%) and Independents (69%). Even after hearing an argument for and against it, support for a bipartisan commission remained strong, with 63% of voters favoring a commission after hearing both pro and con arguments.

The poll is based on a national survey of 700 registered voters. The survey was conducted November 16-18, 2009 by leading pollsters Public Opinion Strategies and Peter D. Hart Research Associates and has a margin of error of +/- 3.7%.

Napolitano Announces Grants Program

Department of Homeland Security (DHS) Secretary Janet Napolitano today announced the release of fiscal year 2010 grant application guidance kits for 13 DHS grant programs totaling more than $2.7 billion—funds for state, local, tribal and territorial governments and private sector entities to strengthen our nation’s ability to prevent, protect, respond to and recover from terrorist attacks, major disasters and other emergencies.

The grant program guidance kits announced today also incorporate the input of DHS’ state, local, tribal and territorial and private sector partners and include specific steps undertaken by DHS to improve the ability of state and local partners to apply for and utilize grant funding.

The guidance announced by Secretary Napolitano today has increased tribal funding, reduced administrative paperwork for state and local government and enabled local jurisdictions to use preparedness funding for ongoing maintenance contracts, warranties, repair or replacement costs, upgrades and user fees for equipment purchased with previous DHS grants.

These 13 preparedness grant programs may fund a variety of activities including planning, organization, equipment purchases, training and exercises:See The full grant information

2.5 Million Cribs Recalled

WASHINGTON, DC11-24-2009 – The U.S. Consumer Product Safety Commission (CPSC), in cooperation with Stork Craft Manufacturing Inc., of British Columbia, Canada, today announced the voluntary recall of more than 2.1 million Stork Craft drop-side cribs, including about 147,000 Stork Craft drop-side cribs with the Fisher-Price logo. The recall involves approximately 1,213,000 units distributed in the United States and 968,000 units distributed in Canada.

CPSC urges parents and caregivers to immediately stop using the recalled cribs, wait for the free repair kit, and do not attempt to fix the cribs without the kit. They should find an alternative, safe sleeping environment for their baby. Consumers should contact Stork Craft to receive a free repair kit that converts the drop-side on these cribs to a fixed side.

The cribs’ drop-side plastic hardware can break, deform, or parts can become missing. In addition, the drop-side can be installed upside-down, which can result in broken or disengaged plastic parts. All of these problems can cause the drop-side to detach in one or more corners. When the drop-side detaches, it creates space between the drop-side and the crib mattress. The bodies of infants and toddlers can become entrapped in the space which can lead to suffocation. Complete detachment of drop-sides can lead to falls from the crib.

CPSC, Health Canada, and Stork Craft are aware of 110 incidents of drop-side detachment; 67 incidents occurred in the United States and 43 in Canada. The incidents include 15 entrapments; 12 in the U.S. and three in Canada. Four of the entrapments resulted in suffocation: a 7-month-old in Gouverneur, N.Y.; a 7-month-old in New Iberia, La.; a 6-month-old in Summersville, W.Va.; and a 9-month-old in Bronx, N.Y. Included in these incidents are 20 falls from cribs; 12 in the U.S. and eight in Canada. Fall injuries ranged from concussion to bumps and bruises. The cribs involved in these incidents had plastic drop-side hardware that had broken, missing, or deformed claws, connectors, tracks, or flexible tab stops; loose or missing metal spring clips; stripped screws; and/or drop-sides installed upside-down.

This recall involves Stork Craft drop-side cribs and Stork Craft drop-side cribs with the Fisher-Price logo. This recall does not involve any cribs that do not have a drop-side. This recall does not involve any cribs with metal rod drop-side hardware. It involves only those cribs with plastic trigger and one-hand-system drop-side hardware.

This recall involves Stork Craft drop-side cribs and Stork Craft drop-side cribs with the Fisher-Price logo. This recall does not involve any cribs that do not have a drop-side. This recall does not involve any cribs with metal rod drop-side hardware. It involves only those cribs with plastic trigger and one-hand-system drop-side hardware.

This recall includes Stork Craft cribs with manufacturing and distribution dates between January 1993 and October 2009. This recall also includes Stork Craft cribs with the Fisher-Price logo that have manufacturing dates between October 1997 and December 2004. The Stork Craft cribs with the Fisher-Price logo were first sold in the U.S. in July 1998 and in Canada in September 1998.

Fannie Mae New Executives

WASHINGTON, DC — Fannie Mae (FNM/NYSE) President and Chief Executive Officer Michael J. Williams announced the appointment of three new executive vice presidents as the company fills key positions and rounds out its new leadership team. Timothy J. Mayopoulos has been appointed Executive Vice President, General Counsel and Corporate Secretary. Edward G. Watson has been appointed Executive Vice President, Operations and Technology. Kenneth J. Phelan has been appointed Executive Vice President, Enterprise Risk Management.

"Each of these outstanding individuals brings extensive and distinguished experience in their respective fields to the critical positions they assume at Fannie Mae," said Williams. "We're very pleased that the company continues to attract top talent as we continue to build and realign our company to better serve the market and prevent foreclosures during these difficult economic times. I look forward to working closely with Tim, Ed and Ken in the months ahead, and I'm certain we will benefit tremendously from their wisdom and leadership."

Mayopoulos has 25 years of legal experience. He comes to Fannie Mae from Bank of America, where he served as Executive Vice President and General Counsel for five years and was responsible for the delivery of all legal services for the Fortune 50, diversified financial services company. Prior to his position at Bank of America, Mayopoulos was Managing Director and General Counsel, Americas for Deutsche Bank AG's Corporate and Investment Bank. Prior to that he was the Managing Director and Senior Deputy General Counsel, Americas for Credit Suisse First Boston. Before moving in-house, Mayopoulos was in private practice at Davis Polk & Wardwell. Mayopoulos is a graduate of the New York University School of Law and received his undergraduate degree from Cornell University.

Watson joins Fannie Mae with more than 25 years experience in the financial services industry. He most recently served as Global Head, Capital Markets Operations and ICG Business Services at Citigroup where he was responsible for 5,600 employees in 70 countries. Prior to his tenure at Citigroup, Watson held senior positions at Republic Bank and Shearson Lehman Brothers. Watson has a Master's degree in Business Administration from Hofstra University and a Bachelor of Arts, Accounting degree from St. John's University.

Phelan joins the company with an extensive background in risk management, most recently as Senior Executive Vice President, Risk Management Group at Wachovia Corporation. Prior to Wachovia, he served as Head of Risk Management Services at JPMorgan Chase & Co. and held senior positions at UBS and CS First Boston. Phelan is a graduate of the Villanova University School of Law and he holds a Master's degree from Trinity College and an undergraduate degree from Old Dominion University.

"We welcome Tim, Ed and Ken to the company and we're very pleased to be able to fill these key positions with such quality individuals," said Philip A. Laskawy, Chairman of the Board. "Fannie Mae continues to play a central role in the collective effort to prevent foreclosures, stabilize the markets and hasten recovery. As we continue fulfilling this important mission, it is critical that we have a highly skilled leadership team in place moving forward. These appointments will strengthen the company and bolster our ability to fully execute the Administration's Making Home Affordable plan."

Can I Buy a Fannie Mae Home 3-14-2009

Fannie Mae works with all of its partners to help homeowners prevent and avoid foreclosure; however, sometimes it is unavoidable. When foreclosures occur on mortgages in which Fannie Mae is the investor, our goal is to sell properties in a timely manner in order to minimize the impact on the community.

What kinds of properties are available in the Fannie Mae HomePath database?

Fannie Mae's HomePath database includes only properties that are owned by Fannie Mae. There is a wide selection of homes, including single-family homes, condominiums, and town houses -- located in a variety of neighborhoods. The number, types and the sales prices of the homes that are offered for sale may vary substantially. Many of these homes are relatively new; however, older homes are offered in some areas. Some homes may require repairs.

How is buying a home owned or managed by Fannie Mae different from other home purchases?

Usually, when you buy a home, you deal with a seller who lives in the home. Fannie Mae has acquired these properties through foreclosure, deed in lieu of foreclosure, or forfeiture. When buying a Fannie Mae-owned home, you should know the condition of the property, as explained in more detail below, the cost of any needed repairs, and the steps in the loan qualification and closing process before you enter into a purchase and sales agreement.

Has Fannie Mae fixed everything in the house?

Fannie Mae may make some repairs to properties to increase their marketability; however, the buyer should be aware that other repairs may be needed. Fannie Mae sells each property "as is," which means that the buyer accepts the property "as is." Fannie Mae is not responsible for fixing any problems after settlement. Even if the house has fresh paint, brand new carpet, new appliances, perhaps even a new roof or siding, it doesn't mean everything in the house is new, or even works.

Fannie Mae does not warrant or guarantee any work that may have been done on the property, whether as part of its efforts to sell the home or pursuant to conditions in the purchase contract. Where a home warranty is available, you may wish to buy it at your own expense. You should also consider hiring a qualified professional to inspect the property, whether it has been repaired or not.

Hiring a home inspector is a recommended practice, no matter what type of home you buy.

What can you tell me about this house?

If Fannie Mae knows of any hazards on properties we own or market, we disclose this information through our real estate listing agents. However, we may not have been informed by the previous owner of all hazards. We encourage you to have the property inspected by a professional before you buy.

What type of sales contract does Fannie Mae use?

Fannie Mae uses a state-specific real estate purchase contract and a real estate purchase addendum for our properties. If there is anything in the document you don't understand or aren't comfortable with, you may want to contact a real estate attorney, the real estate sales professional who has listed the property, or any real estate professional of your choice to review these documents with you.

Do I have to use Fannie Mae's selected title, settlement, or escrow companies?

No. You may designate the title, settlement, or escrow company of your choice, subject to the terms of the contract.

Will Fannie Mae accept an offer contingent on the sale of my house?

No, Fannie Mae will not accept offers contingent on the sale of your current home. Other types of contingencies will be considered on a case-by-case basis.

Why does Fannie Mae require a lender's prequalification statement before negotiating a home purchase offer?

Fannie Mae wants to be sure that prospective buyers will be able to complete the sales transaction, including obtaining financing when needed. Prequalification allows you to see how much house you can afford and the mortgage amount you may be able to qualify for before you make an offer on a home. It also helps you focus on homes in an affordable price range. A loan prequalification doesn't mean your loan is approved. You must apply for a loan separately, after you are prequalified and your purchase offer is accepted.

Does Fannie Mae provide special financing?

Special financing is available on many properties through HomePath® Mortgage and HomePath® Renovation Mortgage.

Can I buy a house directly from Fannie Mae without going through a real estate sales professional?

No. Fannie Mae depends on the expertise of local real estate sales professionals and accepts offers only through our real estate listing agents. You may work with any real estate sales professional to submit an offer to the real estate agent who has listed the property.

What happens if Fannie Mae gets more than one offer?

All interested parties may be asked to submit their best offer in writing though the listing agent no later than a specified date and time. Fannie Mae may accept or provide a counteroffer that we determine to be in our best interest. Fannie Mae is not obligated to accept any offer submitted. To get more information on financing a Fannie Mae home see: http://www.fanniemae.com/homepath/financing/index.jhtml