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Latta calls Obama’s college plan ‘misguided’


Bob Latta, R-Bowling Green, agreed with his decision. Latta said the proposal was “misguided” and would have “hurt hard working middle class Americans who are trying to send their children to college.” “Now is the time to empower American families.

WBB Plays At Miami In MAC Action Wednesday


Miami enters Wednesday’s game with a 3-15 overall record and a 0-7 league mark. The RedHawks suffered a 66-53 loss at Bowling Green Saturday. Miami closed non-conference action at home with a 59-58 win over Davidson, Dec. 29. The RedHawks also have wins ...

Horn from hell delays Bowling Green - NIU game


Basketball seems like it'd be a hard sport to delay given that it's played indoors and not subjected to the elements, but every now and then a game is delayed by something utterly ridiculous — as was the case during Tuesday night's Bowling Green - NIU game.

Mustangs Drop Road Game to Bowling Green


BOWLING GREEN, Ky. (1/28/15) — Back-to-back-to-back turnovers in the fourth quarter led to defeat for the Muhlenberg County Mustangs on the road Tuesday night. Host Bowling Green prevailed, defeating Muhlenberg County 56-48. Bowling Green posted its ...

Former Brecksville QB/WR Tim Tupa transfers to Bowling Green from Naval Academy


BOWLING GREEN, Ohio – Before he was a star quarterback his senior season of high school, former Brecksville quarterback Tim Tupa was a wide receiver. After one semester in a run-heavy program, Tupa decided to transfer from the Naval Academy, who runs the ...

Bowling Green's Hampton in race for lieutenant governor


A Bowling Green woman who had a failed run for state representative is tossing her hat in the ring as lieutenant governor, slating herself to run with Matt Bevin. Jenean Hampton, the head of Warren County's tea party, and Bevin, no stranger to failed runs ...

Bowling Green Ranks Among Worst U.S. Cities For Bedbugs


BOWLING GREEN, Ky. (WBKO) --It is a problem affecting residents throughout south central Kentucky, but specifically, right here in Bowling Green. Coming in at 48th of 50, Bowling Green ranked among one of the worst cities in the nation for bedbugs by the ...

Huskies Lose At Bowling Green


A 16-2 Bowling Green run in the second half was NIU's undoing Tuesday. BOWLING GREEN, Ohio – The Northern Illinois University men’s basketball team had a two-point lead with nine minutes to play, but Bowling Green went on a 16-2 run en route to a 56-46 ...

Bowling Green sneaks by Northern Illinois, 56-46


BOWLING GREEN, Ohio (AP) — Richaun Holmes scored 18 points and grabbed seven rebounds to lead Bowling Green to a 56-46 victory over Northern Illinois on Tuesday night. Zach Denny finished with 13 points and three steals, and Anthony Henderson added 11 ...

90th Annual Bowling Green Tournament Is Underway


Top-seeded Clopton took some early heat from (8)Van-Far on the Bowling Green Tournament opener on Monday, but shook the Lady Indians for a 64-34 win. Breanna Strange and Reaghan Case each drained three balls for Van-Far in the first as the teams traded ...




SPECIAL INFORMATION FOR BOWLING GREE

Two years of community college free for responsible students in BOWLING GREE

The President unveiled a new proposal: Make two years of community college free for responsible students across America.

In our growing global economy, Americans need to have more knowledge and more skills to compete -- by 2020, an estimated 35 percent of job openings will require at least a bachelor's degree, and 30 percent will require some college or an associate's degree. Students should be able to get the knowledge and the skills they need without taking on decades' worth of student debt.


The numbers:

If all 50 states choose to implement the President's new community college proposal, it could:

  • Save a full-time community college student $3,800 in tuition per year on average
  • Benefit roughly 9 million students each year

Under President Obama's new proposal, students would be able to earn the first half of a bachelor's degree, or earn the technical skills needed in the workforce -- all at no cost to them.


The requirements:

  • What students have to do: Students must attend community college at least half-time, maintain a 2.5 GPA, and make steady progress toward completing their program.
  • What community colleges have to do: Community colleges will be expected to offer programs that are either 1) academic programs that fully transfer credits to local public four-year colleges and universities, or 2) occupational training programs with high graduation rates and lead to in-demand degrees and certificates. Community colleges must also adopt promising and evidence-based institutional reforms to improve student outcomes.
  • What the federal government has to do: Federal funding will cover three-quarters of the average cost of community college. Participating states will be expected to contribute the remaining funds necessary to eliminate the tuition for eligible students.

Expanding technical training programs:

President Obama also proposed the new American Technical Training Fund, which will expand innovative, high-quality technical training programs across the country. Specifically, the fund will award programs that:

  • Have strong employer partnerships and include work-based learning opportunities
  • Provide accelerated training
  • Accommodate part-time work

Read the full fact sheet on the President's proposal here.

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BOWLING GREEN tspan:3m BOWLING GREEN




Avoiding Foreclosure in BOWLING GREE

The Obama Administration has implemented a number of programs to assist homeowners who are at risk of foreclosure and otherwise struggling with their monthly mortgage payments. The majority of these programs are administered through the U.S. Treasury Department and HUD. This page provides a summary of these various programs. Please continue reading in order to determine which program can best assist you.

Please read FHA's brochure, "Save Your Home:  Tips to Avoid Foreclosure," also published in   Spanish,  Chinese and  Vietnamese.

Making Home Affordable

The Making Home Affordable © (MHA) Program is a critical part of the Obama Administration's broad strategy to help homeowners avoid foreclosure, stabilize the country's housing market, and improve the nation's economy.

Homeowners can lower their monthly mortgage payments and get into more stable loans at today's low rates. And for those homeowners for whom homeownership is no longer affordable or desirable, the program can provide a way out which avoids foreclosure. Additionally, in an effort to be responsive to the needs of today's homeowners, there are also options for unemployed homeowners and homeowners who owe more than their homes are worth. Please read the following program summaries to determine which program options may be best suited for your particular circumstances.

Modify or Refinance Your Loan for Lower Payments

  • Home Affordable Modification Program (HAMP): HAMP lowers your monthly mortgage payment to 31 percent of your verified monthly gross (pre-tax) income to make your payments more affordable. The typical HAMP modification results in a 40 percent drop in a monthly mortgage payment. Eighteen percent of HAMP homeowners reduce their payments by $1,000 or more. Click Here for more information.
  • Principal Reduction Alternative (PRA): PRA was designed to help homeowners whose homes are worth significantly less than they owe by encouraging servicers and investors to reduce the amount you owe on your home. Click Here for more information.  
  • Second Lien Modification Program (2MP): If your first mortgage was permanently modified under HAMP SM and you have a second mortgage on the same property, you may be eligible for a modification or principal reduction on your second mortgage under 2MP. Likewise, If you have a home equity loan, HELOC, or some other second lien that is making it difficult for you to keep up with your mortgage payments, learn more about this MHA program. Click Here for more information.
  • Home Affordable Refinance Program (HARP): If you are current on your mortgage and have been unable to obtain a traditional refinance because the value of your home has declined, you may be eligible to refinance through HARP. HARP is designed to help you refinance into a new affordable, more stable mortgage. Click Here for more information.

“Underwater” Mortgages

In today's housing market, many homeowners have experienced a decrease in their home's value. Learn about these MHA programs to address this concern for homeowners.

  • Home Affordable Refinance Program (HARP): If you are current on your mortgage and have been unable to obtain a traditional refinance because the value of your home has declined, you may be eligible to refinance through HARP. HARP is designed to help you refinance into a new affordable, more stable mortgage. Click Here for more information.
  • Principal Reduction Alternative: PRA was designed to help homeowners whose homes are worth significantly less than they owe by encouraging servicers and investors to reduce the amount you owe on your home. Click Here for more information.  
  • Treasury/FHA Second Lien Program (FHA2LP): If you have a second mortgage and the mortgage servicer of your first mortgage agrees to participate in FHA Short Refinance, you may qualify to have your second mortgage on the same home reduced or eliminated through FHA2LP. If the servicer of your second mortgage agrees to participate, the total amount of your mortgage debt after the refinance cannot exceed 115% of your home’s current value. Click Here for more information.

 Assistance for Unemployed Homeowners

  • Home Affordable Unemployment Program (UP): If you are having a tough time making your mortgage payments because you are unemployed, you may be eligible for UP. UP provides a temporary reduction or suspension of mortgage payments for at least twelve months while you seek re-employment. Click Here for more information.
  • Emergency Homeowners’ Loan Program (EHLP):  Click Here for more information about EHLP assistance provided in your state.
  • FHA Special Forbearance: If you are having difficulty making mortgage payments because you are unemployed and have no other sources of income, you may be eligible for FHA's Special Forbearance.  FHA now requires servicers to extend the forbearance period, by offering a reduced or suspended mortgage payment for up to twelve months, for FHA borrowers who qualify for the program. Click Here for more information.

Managed Exit for Borrowers

  • Home Affordable Foreclosure Alternatives (HAFA): If your mortgage payment is unaffordable and you are interested in transitioning to more affordable housing, you may be eligible for a short sale or deed-in-lieu of foreclosure through HAFA SM. Click Here for more information.
  • “Redemption”is a period after your home has already been sold at a foreclosure sale when you can still reclaim your home. You will need to pay the outstanding mortgage balance and all costs incurred during the foreclosure process.

Contact Your Lender

If you are experiencing difficulties making your mortgage payments, you are encouraged to contact your lender or loan servicer directly to inquire about foreclosure prevention options that are available. If you are experiencing difficulty communicating with your mortgage lender or servicer about your need for mortgage relief, there are organizations that can help by contacting lenders and servicers on your behalf. 

 

Assistance for FHA-Insured Homeowners

The Federal Housing Administration (FHA), which is a part of the U.S. Department of Housing and Urban Development (HUD), is working aggressively to halt and reverse the losses represented by foreclosure. Through its  National Servicing Center (NSC), FHA offers a number of various loss mitigation programs and informational resources to assist FHA-insured homeowners and home equity conversion mortgage (HECM) borrowers facing financial hardship or unemployment and whose mortgage is either in default or at risk of default.

  • Click Here to log onto the NSC Loss Mitigation Programs home page.
  • Click Here for answers to Frequently Asked Questions about FHA’s loss mitigation programs.

Contact FHA

FHA staff are available to help answer your questions and assist you to better understand your options as an FHA borrower under these loss mitigation programs. There are several ways you can contact FHA for more information, including:

  • Call the National Servicing Center at (877) 622-8525
  • Call the FHA Outreach Center at 1-800-CALL FHA (800-225-5342)
  • Persons with hearing or speech impairments may access this number via TTY by calling the Federal Information Relay Service at (800) 877-8339.
  • Email the FHA Resource Center
  • The Online FHA Resource Center

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Save Money on Homeownership in BOWLING GREE

Watch on YouTube

President Obama and Secretary of Housing and Urban Development Julián Castro visited Phoenix, Arizona this afternoon to put a spotlight on the recovering housing sector.

Restoring security to homeownership has always been one of the President's top economic priorities, and the results are clear -- the housing market has greatly improved since President Obama took office.

The President’s push for new consumer protections and tough enforcement on abuses have given Americans more confidence in investing in homeownership:

  • Home sales are up.
  • Home building has more than doubled since 2009.
  • Home values have risen for the past three years.

But there's more work to do. Mortgages need to be more accessible and affordable for creditworthy families.

That's why today, at Central High School in Phoenix, the President announced a responsible reduction in the Federal Housing Administration’s (FHA) Mortgage Insurance Premium program. The Federal Housing Administration will reduce annual mortgage insurance premiums by 0.5 percentage points, from 1.35 percent to 0.85 percent.

The President’s new proposal to reduce the fees associated with buying a home would help first-time homebuyers save an average of $900 on their annual mortgage payment. More people buying homes would also strengthen the market, helping everyone who already owns a home.

In Phoenix today, President Obama explained that homeownership was a dream that should be open to all Americans. Not only will the President’s actions help numerous families realize the American Dream and get a place they can finally call home, but millions of families will save billions of dollars in mortgage payments in the coming years, helping to support and stabilize the housing market recovery.

President Obama delivers remarks on housing at Central High School in Phoenix

President Barack Obama delivers remarks on housing at Central High School in Phoenix, Az., Jan. 8, 2015. [31]








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