We spent the weekend with friends at their lake house pulling the kids on the tube and tearing it up on the jet ski’s.
What fun! It is pure exhilaration flying over the water at 50 miles per hour! (and a great relief when you slow down and your 5 year old is still there!)
My friends [...]
The Obama administration is expected to expand its mortgage aid program today and announce new measures that will help homeowners avoid foreclosures and guess what he’s specifically talking about . . . you guessed it… Short Sales!
Posted in Action, Appraisals, Bankruptcy, Banks, Barack Obama, Comps, Current Blogs, Short Sale Breakthrough | Also tagged Barack Obama, Real Estate, Short Sale Breakthrough, Short Sale Laws, Short Sale Regulation |
They played some new tunes from the new Working on a Dream album – we listened mesmerized to “Outlaw Pete” – a dark story in a minor key of a kid who struggled to overcome the rough lot he was born into. The title track “Working on a Dream” speaks to anyone still in progress, who sees can see hope, and is willing to see a brighter day before us. Bruce’s mid song narrative challenged us to “build a house here tonight . . . a house built on hope, on love, on dreams, and noise!”
Yesterday, Citigroup came forward in a deal with Senate leaders to support legislation that would allow bankruptcy judges to alter home loans in an effort to prevent foreclosures. Other lenders are expected to follow. The so-called “cramdown” proposal has been kicked around for a while now but has not yet made its way into law. It appears as if the legislation to make this change will find its way into President Elect Obama’s stimulus package and may become law soon.
Posted in Barack Obama | Also tagged Barack Obama, Ben Pargman, Citi Group, Real Estate, Short Sale Breakthrough, Short Sale Laws, Short Sale Regulation, Short Sales, Short Sales California, Short Sales Florida, Short Sales Training |
Yesterday, Citigroup came forward in a deal with Senate leaders to support legislation that would allow bankruptcy judges to alter home loans in an effort to prevent foreclosures. Other lenders are expected to follow. The so-called “cramdown” proposal has been kicked around for a while now but has not yet made its way into law. It appears as if the legislation to make this change will find its way into President Elect Obama’s stimulus package and may become law soon.
Stephen Covey says “seek first to understand, then to be understood.” This principle governs my team meetings with my staff where we always open with a sharing of: What are the Banks Saying Right Now?
