Difference between revisions of "User:RahalMccall69"

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(FHA to end controversial policy of 'post' payment penalty)
(WARNING- Your favorite websites including Netflix, Reddit, Etsy & Upworthy will be ‘loading’ all day Wednesday)
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The Federal Housing Administration is overhauling a long-held policy <a href=http://www.alportico.net/gosoc.php> true religion outlet</a>  of charging extra interest payments on loans it insures to borrowers who have already paid off the principal debts on their mortgages.
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Netflix
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FHA has permitted its lenders to charge borrowers a full month of interest when they sell or refinance a home, even if borrowers had paid off the mortgage weeks prior to the end of the month. As the Los Angeles Times explains, if borrowers went to closing on an FHA loan on September 3, lenders would be allowed to continue to charge them interest through September 30.
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(CNN) Your Internet won t be any slower than usual on Wednesday, but it might look like it is.
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For years, critics have argued that the policy <a href=http://www.symbiose.ca/images/christianlouboutin.gwij.php>Christian Louboutin Outlet</a>  was unfair to borrowers. The Consumer Financial Protection Bureau raised the issue with FHA last year, asking why FHA was allowing its lenders to collect post-payment penalties from borrowers at closing.
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Top sites on the Internet, including Netflix and Reddit, will be displaying a constant loading symbol the so-called loading pinwheel or, alternately, the Spinning Wheel of Death.
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FHA had argued that its bond investors, who purchase packages of insured mortgages, expected full-month payments of interest plus principal. FHA said that its lenders did charge borrowers slightly below market rates to help compensate for the post-closing payments.
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It s part of a protest called Internet Slowdown Day, a push against the U.S. government s support for so-called Internet fast lanes.
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Beginning January 21, 2015 new FHA <a href=http://www.avanttravel.com/michaelkorssonline.php> michael kors sale</a>  mortgages will require lenders to collect interest only on the balance remaining on the date of closing for a home sale or refinancing. However, sellers and refinancers who currently have FHA loans and expect to close before January 21 likely won't see much benefit from the new policy.)
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The Federal Communications Commission in May proposed allowing broadband providers to charge companies like Amazon <a href=http://www.alportico.net/gosoc.php> true religion outlet</a>  and Netflix for prioritized access to consumers. The proposal is now open for public comment and could be changed before a final vote to implement it.
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As part of the Internet Slowdown Day protest, the websites will also include a prompt to contact your lawmakers about the FCC proposal.
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It s always hard to explain complicated topics to a lot of people, and the FCC made it harder by <a href=http://www.museosangennaro.com/Public/wdluk.php>Louboutin Shoes UK</a>  trying to fool the public into thinking their proposal was real net neutrality, when it was actually what the cable and phone lobbyists always asked for, said organizer David Segal, executive director of civil liberties group Demand Progress and a former Rhode Island state representative.
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Net neutrality refers to the principle that high-speed Internet providers should treat all types of Web content equally, which led to a set of rules the FCC approved in 2010, designed to keep the companies that hold the keys to the Web from playing favorites.
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Sites including Netflix, Reddit, Vimeo, Etsy, Upworthy and Digg plan to take part in this week s demonstration, which will last from midnight Wednesday to midnight Thursday.
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Broadband Internet providers, many of them cable companies, argue that as businesses providing a service, they have a right to charge websites. Netflix accounts for around a third of data consumption online during peak hours, and Internet providers say the company should therefore help foot the bill for delivery.
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But those fees <a href=http://www.alportico.net/prodotti/christianlouboutin-sale.jkmsw.php>Louboutin Shoes</a>  would be easier to absorb for the Web s biggest, and richest, sites, activists say. Smaller, less profitable sites would have a tough time competing.
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Segal said altering the FCC plan is an uphill battle, but he s optimistic.
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We can never ever underestimate the power of cable and phone companies in D.C., but we definitely have a shot of winning, he said. We have the momentum and are building impressive support in the public, industry, and policymakers.

Revision as of 09:45, 29 September 2014

@@@ Netflix (CNN) Your Internet won t be any slower than usual on Wednesday, but it might look like it is. Top sites on the Internet, including Netflix and Reddit, will be displaying a constant loading symbol the so-called loading pinwheel or, alternately, the Spinning Wheel of Death. It s part of a protest called Internet Slowdown Day, a push against the U.S. government s support for so-called Internet fast lanes. The Federal Communications Commission in May proposed allowing broadband providers to charge companies like Amazon <a href=http://www.alportico.net/gosoc.php> true religion outlet</a> and Netflix for prioritized access to consumers. The proposal is now open for public comment and could be changed before a final vote to implement it. As part of the Internet Slowdown Day protest, the websites will also include a prompt to contact your lawmakers about the FCC proposal.

It s always hard to explain complicated topics to a lot of people, and the FCC made it harder by <a href=http://www.museosangennaro.com/Public/wdluk.php>Louboutin Shoes UK</a>  trying to fool the public into thinking their proposal was real net neutrality, when it was actually what the cable and phone lobbyists always asked for, said organizer David Segal, executive director of civil liberties group Demand Progress and a former Rhode Island state representative.

Net neutrality refers to the principle that high-speed Internet providers should treat all types of Web content equally, which led to a set of rules the FCC approved in 2010, designed to keep the companies that hold the keys to the Web from playing favorites. Sites including Netflix, Reddit, Vimeo, Etsy, Upworthy and Digg plan to take part in this week s demonstration, which will last from midnight Wednesday to midnight Thursday. Broadband Internet providers, many of them cable companies, argue that as businesses providing a service, they have a right to charge websites. Netflix accounts for around a third of data consumption online during peak hours, and Internet providers say the company should therefore help foot the bill for delivery. But those fees <a href=http://www.alportico.net/prodotti/christianlouboutin-sale.jkmsw.php>Louboutin Shoes</a> would be easier to absorb for the Web s biggest, and richest, sites, activists say. Smaller, less profitable sites would have a tough time competing. Segal said altering the FCC plan is an uphill battle, but he s optimistic.

We can never ever underestimate the power of cable and phone companies in D.C., but we definitely have a shot of winning, he said. We have the momentum and are building impressive support in the public, industry, and policymakers.
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