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House Minority Leader Nancy Pelosi who was out front in demanding Republican presidential nominee Mitt Romney release even more of his tax returns has changed her tune.
“We spent too much time on that. We should be talking about middle-income tax cuts,” she said.
State Rep. Mike Gerber, who served as the State House Democratic Campaign Committee chairman last cycle, announced Thursday that he is resigning his 148th District (Montgomery County) seat at the end of the term to become senior vice president of public affairs, strategy and product administration at Franklin Square Capital Partners.
Franklin Square, found in 2007, describes itself as enabling investors to tap into the same strategies employed successfully for years by large institutional investors — like pension funds, financial institutions, endowments and high net worth individuals
Just one more Democrat looking out for the little guy. You know, going to the link and looking at the photos of Franklin Square’s management team, well, one can’t say one sees a lot of “diversity” there.
Legislation was recently signed into law to direct funding for the Homeowners’ Emergency Mortgage Assistance Program (HEMAP) to aid Pennsylvanians facing home foreclosure, said State Rep. Jim Cox (R-129).
Act 70 of 2012 directs the Pennsylvania Treasury to use most of the funds acquired through the Homeowner Assistance Settlement Agreement to fund HEMAP. The Homeowner Assistance Settlement Agreement was established in February between the state attorney general and leading U.S. mortgage companies. In addition to providing funding for HEMAP, the new law also provides homeowners with additional time to challenge certain foreclosures and clarifies other aspects of the process.
Nearly all of the funding from the payments made pursuant to the agreement is directed to consumers, with 90 percent of funding going to HEMAP, 5 percent to the Office of Attorney General for housing consumer protection programs, and 5 percent for legal assistance involving housing programs.