Gov. Wolf to Nominate Noe Ortega to Serve as Education Secretary

first_img Education,  Press Release Governor Tom Wolf announced today his intention to nominate current Pennsylvania Department of Education Deputy Secretary of Postsecondary and Higher Education Noe Ortega to serve as the next Secretary of Education. Ortega will replace Pedro Rivera, who will continue to serve as Secretary until he becomes President of Thaddeus Stevens College of Technology on Oct. 1, 2020.“Noe Ortega has a proven record of advocating for equity and access for all students,” said Gov. Wolf. “Recently, Noe has been spearheading Pennsylvania’s efforts to diversify our educator pipeline to make our classrooms better reflect the students we educate, and his expertise will continue to advance the department’s mission of ensuring Pennsylvania’s learners have access to the educational opportunities that will help them succeed.”Before joining PDE in 2017, Ortega spent eight years at the University of Michigan (U-M), where he held several academic and administrative roles, including working as the Assistant Director and Senior Research Associate at the National Center for Institutional Diversity and as the Managing Director for the National Forum on Higher Education for the Public Good. Ortega also spent nearly a decade working in the areas of financial aid and enrollment management at both public and private universities in Texas and served as a P-16 Specialist for the Texas Higher Education Coordinating Board. He also spent nearly seven years as director of a language institute in Japan where he trained teachers in the area of early childhood language acquisition.“Under Pedro Rivera’s leadership Pennsylvania adopted the landmark basic education funding formula, the Future Ready PA Index, an innovative school measuring tool for communities to more easily evaluate how their schools are performing, and implemented a school improvement strategy to provide struggling schools with resources and guidance to help them develop plans responsive to local conditions and needs,” said Gov. Wolf. “His leadership has been critical during the commonwealth’s response to COVID-19 and the relationships he cultivated with education stakeholders during his tenure have strengthened the ties between state and local partners and allowed local schools to inform state education policy.”Ver esta página en español. August 04, 2020 Gov. Wolf to Nominate Noe Ortega to Serve as Education Secretarycenter_img SHARE Email Facebook Twitterlast_img read more

Mortgage Rates Slam Into New Holiday Lows

first_img Interest rates for mortgage loans slammed into new lows just before a holiday break, with investors hewing close to the safety of U.S. Treasury debt.[IMAGE]Finance Web site “”””: and mortgage company “”Freddie Mac””: released their findings in separate weekly surveys.Freddie found the 30-year loan falling to 3.91 percent this week, the lowest this year, as it rocketed past a previous rock-bottom rate of 3.94 percent. meanwhile found the 30-year fixed-mortgage reaching a second all-time low for the week, as rates for the loan ticked up from 4.19 [COLUMN_BREAK]percent to crest at 4.20 percent.The 15-year loan remained the same for both and Freddie, which found theirs at or near record lows of 3.42 percent and 3.21 percent, respectively.””This greater affordability helped push existing home sales higher for the second consecutive month in November to an annualized pace of 4.42 million, the most since January,”” “”Frank Nothaft””:, VP and chief economist with Freddie, said of the figures in a statement.For 5-year and 1-year adjustable-rate mortgages (ARMs), Freddie saw averages of 2.85 percent, down from 2.86 percent last week, and 2.77 percent, down from 2.81 percent last week, observed 3.18 percent, down from 3.21 percent, for interest rates on the ARMs.””Mortgage rates haven’t moved much since the beginning of November, and the holiday lull in mortgage rates seems likely to continue for another week amid low volume in financial markets,”” added in a statement. “”The puzzles of the European debt crisis and the state of the U.S. economy won’t be solved – and won’t change appreciably – in the coming week.”” in Data, Government, Origination, Secondary Market, Servicing December 22, 2011 428 Views Mortgage Rates Slam Into New Holiday Lowscenter_img Adjustable-Rate Mortgage Agents & Brokers Bankrate Debt Crisis Euro European Union Fixed-Rate Mortgage Freddie Mac Lenders & Servicers Mortgage Rates Processing Service Providers 2011-12-22 Ryan Schuette Sharelast_img read more