Government

Exploring Rehoboth: In-Town, Around town & Downtown

Posted on August 13, 2009.

Downtown Rehoboth Beach packs a lot of options into a few streets. Here old-time charm and modern amenities blend to offer a wonderful beach town experience for visitors and residents alike.

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Rehoboth’s Sister Cities!

Posted on July 16, 2009.

Most people know a bit about how Rehoboth Beach came by its name and was originally associated with the religious revival camp meeting society for which the area became well known in the 1800’s. But not everyone knows about the other Rehoboth’s….

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WINTERJAM 2009 BENEFITS EDUCATION FOUNDATION!

Posted on January 15, 2009.

CHEF (Cape Henlopen Education Foundation) is sponsoring WINTERJAM 2009 -  a fund-raising event including music by the Funsters and other local bands, dancing, food & drinks, a silent auction and a raffle - on January 30th, Friday, from 7-11PM at the Baycenter in Dewey Beach.  Tickets are available at the Cape Henlopen District Office for [...]

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Arbor Day Foundation Offer for Delaware Residents!

Posted on January 13, 2009.

Ten free flowering trees will be given to Delaware residents who become members of the Arbor Day Foundation in January.  This is part of the non-profit foundation’s TREES FOR AMERICA campaign.  The flowering trees include:  two white dogwoods, two crabapples, two Washington hawthorns, two American redbuds & two golden rain trees.   New members will also [...]

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Fannie Mae-Freddie Mac Update

Posted on September 9, 2008.

The government seized control of the nation’s two largest mortgage finance companies, Fannie Mae and Freddie Mac,  on Sunday.
The bailout plan is similar to a government conservatorship as in a bankruptcy reorganization.  The plan also reorganizes  management of the companies.  The rescue package is one of the most monumental interventions in private enterprise by the [...]

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Freddie Mac & Fannie Mae Oversight Director Named

Posted on August 1, 2008.

James B. Lockhart III has been named the director of the new Federal Housing Finance Agency or FHFA.  The agency was created this week, following President Bush’s signing of the extensive Housing Rescue Bill into law this week.  Among his primary responsibilities will be regulating the troubled Fannie Mae and Freddie Mac.  The agency will [...]

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Follow Up To Housing Bill Update

Posted on July 30, 2008.

President Bush signed the historic Housing Bill into law today.  Though many have doubts that the bill will help a wide enough demographic of those hit by the mortgage crisis of this last year, it appears that lawmakers and the President came together for this partial measure to shore up some of the biggest leaks [...]

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Housing Bill Recap

Posted on July 29, 2008.

The Senate recently cleared a sweeping Housing Bill, still awaiting signature by the President at this posting time. The legislation will attempt to remedy the home-foreclosure crisis and prevent further bleeding out of the government-sponsored mortgage entities Fannie Mae and Freddie Mac. The House passed the bill last Wednesday by a vote [...]

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