Musings of a Career Consultant

SoCal Texan in Bmore Leading Rock Stars

CA Plans $2B Program to Help Distressed Homeowners March 23, 2011

Check out this LA Times Article but pay close attention to the below paragraph:

Out of the five major mortgage servicers — Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co., Ally Financial and Citigroup Inc. — only Ally has formally signed on to a key part of the plan: reducing mortgage principal on homes that are “underwater,” or worth less than the size of the mortgage. A Bank of America spokesman said the bank intends to participate but hasn’t yet reached a formal agreement with the California Housing Finance Agency, which designed the program.

Read that again, MOST of the banks that have the loans in CA are NOT participating in this program. Assistance can only come when all Banks are on Board! As more information comes out, I’ll keep ya’ll posted.

Should you have any questions about anything you’ve read here, please feel free to call your favorite REALTOR 🙂

 

Great Deals & Reading April 13, 2010

I’m always trying to keep ya’ll up-to-date in regards to all that’s around me and this week there are some REALLY great articles out and some deals that I thought I’d give ya’ll a head’s up about.

The Westin Mission Hills Resort & Spa has a great deal going on right now that gets you a 525SF room for just $79 a night!

And, Alaska Airlines has a bunch of deals going on right now. Also, don’t forget that JetBlue is still celebrating their 10th Anniversary and have some stellar prices right now, too!

SUCCESS Magazine does Profiles in Courage and this article focuses on Wilbur & Orville Wright. It’s a pretty great read!

They also have a guest writer, Dr. Flippen, who I’ve been speaking highly of since High School when I took his Teen Leadership class with Coach Hazard. This article is a short read but if you’re looking for more, get his book, The Flip Side.

And, my last bit from SUCCESS comes from their Editor-in-Chief, Darren Hardy, who says that you don’t have to fake it till you make it… gee, what a novel thought!

And, lastly for my REALTORS, BofA was kind enough to give us a step-by-step guide on how to work their system for Short Sales, Equator. If you’re already signed up then you skip a bit of this and just read about the parts that pertain to the Short Sales with BofA. No more faxes! Can’t wait!