RED ALERT!! Will the Mortgage Interest Deduction (MID) go OVER THE FISCAL CLIFF?!!

Santa Rosa, California— RED ALERT!!   On Monday, December 3, 2012 The National Association of Realtors (NAR) will launch an all member Call for Action regarding proposed changes to the Mortgage Interest Deduction.

By now you have seen numerous news reports concerning the “Fiscal Cliff.” Many of these reports speculate that a change to the long-standing policy that allows homeowners to deduct mortgage interest payments from their income taxes could be part of a “Fiscal Cliff” deal.

The Call for Action will ask REALTORS® to “remind” Congress about our position on any proposed changes to the mortgage interest deduction. NAR has been using the following statement regarding MID and suggest that you use it as well, modified for your 2013 president.

“Until Congress introduces specific legislation, there’s nothing to say about any proposed changes to the mortgage interest deduction. However, it has always been NAR’s position that the MID is vital

to the stability of the American housing market and economy and we will remain vigilant in opposing any future plan that modifies or excludes the deductibility of mortgage interest.”

– 2013 NAR President Gary Thomas


If you have any questions or concerns please let Allison and I know.

In foreclosure 2009 or 2010? FREE Independent Foreclosure Review, even if you retained your home.

Sonoma County, California–In the Mail–LOOK FOR–FREE, legitmate  “Independent Foreclosure Review”,…Don’t throw this one away. You could be eligible for up to $125,000 in compensation!  The information below from The Office of the Comptroller of the Currency will explain the process. This is a FREE review. DO NOT pay someone to review your loan, or foreclosure.

Correcting Foreclosure Practices

Updated November 2, 2012

On April 13, 2011, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Office of Thrift Supervision announced enforcement actions against 14 large residential mortgage servicers and two third-party vendors for unsafe and unsound practices related to residential mortgage servicing and foreclosure processing.

Independent Foreclosure Review–Apply by Dec 31, 2012 a MUST!

As part of those consent orders, federal regulators required servicers to engage independent firms to conduct a multi-faceted review of foreclosure actions in process in 2009 and 2010. Under the orders, independent consultants are charged with evaluating whether borrowers suffered financial injury through errors, misrepresentations, or other deficiencies in foreclosure practices and determining appropriate remediation for those customers. Where a borrower suffered financial injury as a result of such practices, the agencies’ orders require financial remediation to be provided.

As part of that program, the 14 mortgage servicers covered by the enforcement actions will begin mailings November 1, 2011 that will continue through the end of the year. The mailings are intended to provide information to potentially eligible borrowers on how to request a review of their case if they believe they suffered financial injury as a result of errors, misrepresentations, or other deficiencies in foreclosure proceedings related to their primary residence between January 1, 2009 and December 31, 2010. The mailings will include a request for review form.

Borrowers may also visit for more information about the review and claim process. Assistance with the form and answers to questions about the process are available at 1-888-952-9105, Monday through Friday from 8 a.m. to 10 p.m. (ET) and Saturday from 8 a.m. to 5 p.m. (ET).

Requests for review must be postmarked or submitted online by December 31, 2012.

Helpful Links about the Independent Foreclosure Review

 Official Site (Independent Foreclosure Review Site)
Frequently Asked Questions
Request Form Help Sheet
Tips to Complete the Form
Remediation Framework
Frequently Asked Questions about the Remediation
Guide to Remediation Framework
Video Guide
Community Group Tool Kit

Continue reading In foreclosure 2009 or 2010? FREE Independent Foreclosure Review, even if you retained your home.

Now that Democrat’s have an “Absolute” majority in California…Is the fate of the state’s Prop 13 up in the air?


Imposing a huge tax increase on a few thousand of our most productive citizens might sell well among college students and others who can’t grasp basic economics, but it is another thing to take on Proposition 13 which provides enormous security for every homeowner in the state. Nothing which happened last week suggests that Proposition 13 — called the third rail of California politics — is any less popular than it has been for 33 years. (Indeed, the most recent public polling suggests its popularity is increasing).

Will this stop those in political power who have an insatiable appetite for our money from at least trying to weaken Proposition 13? Hardly. We fully anticipate the attacks. Our advice, however, is to be careful. The third rail is still hot. Read the full article
Jon Coupal is president of the Howard Jarvis Taxpayers Association — California’s largest grass-roots taxpayer organization dedicated to the protection of Proposition 13 and the advancement of taxpayers’ rights.

New programs from Chase; Short Sale with large borrower incentives, Homebuyer Advantage program and more…

Chase Mortgage Banker, Maria Kenney, NMLS ID#693662, wants HOMEOWNERS in DISTRESS to Open Their Mail in Sonoma County, California!!

Chase Borrowers OPEN YOUR MAIL!! Chase will soon begin their second round of mailings to eligible borrowers, offering huge cash incentives for homeowners wishing to do a short sale.  Only some Chase loans are eligible for this program. For additional information and to see if you are eligible,  call Allison Norman 707-799-3617

Chase Loan officer Maria Kenney wants ALL Chase Homeowners IN DISTRESS to OPEN YOUR MAIL!


Chase introduces the new Purchase Conditional Approval Program  – Homebuyer Advantage:  provides a separate pipeline for approvals without a property, with a dedicated processing and underwriting team, to ensure customers have a consistent experience from beginning to end.  Final result, conditional commitment subject to acceptable property only.

To reach Maria Kenney, visit her website for prequalifications:     

Contact phone number  707-696-2258.