The States of Arizona and Nevada Sues Bank of America for Foreclosure Fraud

Bank of America Nevada City, CA

The states of Arizona and Nevada has sued Bank of America for alleged foreclosure fraud.  The lawsuits are very similar in scope, and basically allege that Bank of America engaged in deceptive practices specifically with regard to mortgage servicing, loan modification, and foreclosure.

Arizona Attorney General Terry Goddard said in a press release:

“Bank of America has been the slowest of all the servicers to ramp up loss mitigation efforts in response to the housing crisis.  It has shown callous disregard for the devastating effects its servicing practices have had on individual borrowers and on the economy as a whole”.

The Arizona complaint alleges that Bank of America committed fraud in Arizona, and mislead borrowers about foreclosure and loan modification programs in the following ways (quoted from the press release):

• Whether homeowners must be delinquent on their mortgage payments to be considered for a loan modification.

• How much time it would take to receive a decision from Bank of America on a modification request or a short sale request.

• Whether foreclosure would proceed while a modification or short sale request was pending, or while a homeowner was making trial payments.

• Whether the homeowner had been approved for a loan modification.

• Failure to provide valid reasons why the homeowner was declined for a modification.

• Whether the homeowner would be approved for a permanent modification if the consumer successfully made all trial modification payments.

The Nevada lawsuit has essentially similar allegations.  Nevada Attorney General Catherine Masto said in a press release:

“We are holding Bank of America accountable for misleading and deceiving consumers.  Nevadans who were trying desperately to save their homes were unable to get truthful information in order to make critical life decisions”.

Nov 2010 Snow Storm Falls Trees, Crashes Cars Nevada County

httpv://www.youtube.com/watch?v=p4WLH7n2AZE

This video was taken by Blancolirio off of Quaker Mountain Road

This only shows the tip of the iceberg of the storm damage. Power was out for 6000 people or more for several days and I still see a lot of trees that have fallen or lost their tops.

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Hidden Medical Debt Trips up Homeowners


Well-qualified borrowers with good loan-to-value ratios and steady employment are increasingly finding it difficult to refinance because of medical billing mistakes impacting their credit reports and scores, according to mortgage bankers and real estate agents.

  • Nearly 14 million Americans have errors on their credit report due to medical collections, according to the Commonwealth Fund, a non-profit organization focused on health care research.
  • Unnoticed credit errors, such as small, unpaid balances on medical bills, can make refinancing a mortgage difficult or, in some instances, impossible.  If approved for a refinance, unpaid bills can result in the borrower paying higher closing costs.
  • It is critical that consumers routinely review their credit reports to ensure the reports are accurate and up-to-date.  Consumers are entitled to one free credit report annually from https://www.annualcreditreport.com/cra/index.jsp.  The report does not include the credit score; however, the score can be obtained for a small fee.
  • The U.S. House of Representatives passed a bill this fall that could provide relief for homeowners with medical-debt troubles.  The Medical Debt Relief Act, which is currently in the Senate, would remove settled medical debt from credit reports after 45 days, instead of the customary seven years.

Read the full story

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The Flour Garden Bakery, Grass Valley and Auburn

The Flour Garden Bakery in Auburn
The Flour Garden Bakery in Auburn

One of my favorite coffee shops is the Flour Garden Bakery. They have really good coffee and great pastry, bread and other baked goods. I started going to there when they first opened in 1981. They have expanded from one store to two stores in Grass Valley and one in Auburn.  Maps of their location are shown at the bottom of this blog,

According to a small portion of their website:

“Started by Bill & Susan Copeland on March 14, 1981 on their stated philosophy:

“You are what you eat!” said French gourmand Anthelme Brillat-Savarin (1755-1826). Appreciation for food took on new meaning in the 1960’s when a “countercuisine” emerged. “A coherent set of dietary beliefs and practices, the counter cuisine had three major parts:

  1. Avoid processed, “fake” foods.
  2. Make food more fun through improvisation, craftsmanship, ethnic and regional cooking.
  3. Be aware of how your food is produced and distributed.”

The children of the 60’s aspired to bring wisdom and responsibility to the dinner table, and to the global community. Warren J. Belasco in Appetite for Change, writes,

“I see how right many of the intuitions (of the 60’s) were: the need to align private action with planetary needs; the distrust of chemicals and technology; the rectification of nature, community and tradition; …the enthusiasm for small farms and organic methods; the intrinsic delight in whole foods.”

The Flour Garden Bakery came out of this tradition. Rather than  baking with the commercial/industrial methods using manufactured mixes and artificial flavorings, Flour Garden bakes with a special blend of classical European style and a Californian’s awareness of how our foods influence our health. Combining quality and beauty is labor-intensive and time-consuming. Everything is made from scratch. It is much more costly to bake with the finest quality and most nutritious ingredients; but the Flour Garden is determined to produce food that is not only delicious, but also enhances health.”

Pros:

Extremely great baked goods and good coffee. Friendly staff.

Cons:

When they are busy, be prepared to stand in line.  It’s the only coffee shop I can think of where there is not a cashier who takes your order and then someone else fills the order.  Instead, someone takes your order, prepares your drink, toast’s your bagel and brings it to your table. Its kind like having a waiter take your order and then go to the kitchen and prepare your food, then come back and serve you. Which of course, leaves everyone else waiting. Pastry and baked goods are pricey. However, that’s more than offset by the quality of their baked goods.

The Flour Garden Bakery can be found at three locations.

Grass Valley Stores


View Larger Map

Auburn Store


View Larger Map

Tim Hicks, Coming to The Center for the Arts, Grass Valley

Coming at The Center for the Arts this coming Friday, December 17. 2010 at 8 pm.  General admission is $25 Buy tickets online Click Here

httpv://www.youtube.com/watch?v=oXX4R7GrodE

As in years past, Dan, the Licks, and the Hot Licks will don their jingle bells and Santa hats for another season of holiday fun. This year, the crew has a special treat for your Christmas stocking, a new recording, “Crazy for Christmas”. Included are seven original tunes, along with Dan’s unique twist on traditional favorites like “Here Comes Santa Claus,” “Run Rudolph Run,” and a scat version of “Carol of the Bells”. There will also be plenty of other slightly off-kilter (but never off-key) material from a singer-songwriter who’s a true American original.

Beginning as a drummer in the seminal 60’s San Francisco rock band The Charlatans, and continuing with his unique and legendary Dan Hicks and the Hot Licks, Dan Hicks is widely acknowledged as one of the defining figures in American roots music. Having earned a reputation as a true original with his signature eclecticism and humor, Hicks continues to carve his way through a number of genres from proto-psychedelia to western swing and jazz, from tin pan alley to country blues — all the while cultivating his own unique sound. The original Dan Hicks and the Hot Licks recorded five ground-breaking and Billboard-charting records for the Columbia, Blue Thumb and Warner Bros. labels. They toured worldwide, and Dan appeared on the cover of Rolling Stone magazine three times.

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Priest Arrested In $2.4 Million Real Estate Scheme

According to the Chicago Tribune “A Michigan man who defrauded real estate developers and churches of more than $2.7 million while presenting himself as a priest associated with the University of Notre Dame has been sentenced to 11 years in prison.

Byron “Father Barney” Canada, 62, of Berrien Springs, Mich., was sentenced Thursday in federal court in South Bend, the South Bend Tribune reported. Canada pleaded guilty in March to 24 counts including wire fraud, money laundering and criminal conspiracy.

Canada ran two lending corporations based in South Bend and through them bilked borrowers between 2004 and 2009, according to court documents.

Canada collected upfront fees from borrowers including real estate developers, commercial developers and other businesses as well as churches seeking to pay for building projects, court documents said.

He kept the fees, which ranged from $5,000 to $250,000, as advance payments for loans that his companies were incapable of financing, court documents said.”

Amazing how someone representing themselves as a part of a church can swindle money.  I had a client several years ago who told me he was going to come into a large sum of money soon. I was building his home at the time and he kept telling me that he would soon have me building commercial buildings for him because he was soon going to come into a huge amount of money.  Later, he asked me if I was interested in making a lot of money?  I asked him how. He said all I had to do was give the “church member” $7,500 and get two other people to each invest $7,500 also.

I said wait a minute, this a Ponzi scheme.  He did not believe me until I did an Excel chart for him, showing him that if everyone invested in his “church member’s” scheme, we would soon run out of people on earth to keep this “investment” going. After I showed him what was happening, I never heard about how much money he was going to make again! I’d always wondered how much money he lost.

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When a Pet Dies, How to Help Your Kids (And Yourself) Heal

by Lisa J. Lehr

Nevada County is a very pet-friendly place. Most of us here have one or more pets. And pets, over the generations, have enjoyed a status upgrade from outdoor animal to family member, albeit one who lies under the table at mealtime rather than sitting in a chair like the other family members. Many people—including me—believe that a family without pets is incomplete, and a childhood without the experience of raising pets is a disadvantaged childhood.

That experience, though, almost invariably includes the death of a pet. It’s a fact that most people outlive most types of pets; almost all children who have a pet will, at some point, lose one. As difficult as it is for the kids—not to mention for the parents who must explain death—it’s an important life experience.

Sadly, some parents try to spare their kids the pain of losing a pet with some type of coverup—by offering another explanation for the pet’s disappearance, or by concealing the death entirely. The first scenario, mostly used with dogs and cats, usually involves saying it “ran away.” The “ran away” story is offered either when the pet is known to be dead, and the parents have discreetly disposed of the body; or when a pet has disappeared, its fate unknown. Bad things sometimes happen when pets go outdoors, and sometimes old or ill pets will go away to die alone.

The second coverup method is most often used with small pets—fish, turtles, reptiles, perhaps rodents. In these cases, the parent removes the deceased pet while the kids are at school or asleep, replacing it with a similar one and hoping the kids won’t notice.

While beliefs about the afterlife and where pets “go” when they die may differ, and parents are entitled to some leeway when it comes to this subject, saying that the pet “ran away” does more harm than good. Death, as difficult as it is, is final. It offers closure. It’s part of the denial, anger, acceptance cycle that the experts agree we go through in loss. “The pet ran away” leaves kids vulnerable to false hopes and endless, unresolved speculation about what might have happened to the pet.

Why doesn’t he come home? Doesn’t she love us anymore? Is he hurt? Cold? Hungry? Is someone holding her prisoner? Did he find someone else he likes better? Why? Is my doggy or kitty ever coming home? Shouldn’t we be trying to find him? Why aren’t Mom and Dad as anxious to find her as I am?

Eventually, the child will be old enough to figure it out. Or enough years will have gone by that the pet couldn’t possibly be still alive, and the child gives up hope. But there’s no real closure. And that spoils the memory of the relationship they had.

That’s cruel.

If you know what has happened to the pet, and it’s something upsetting—e.g., it was hit by a car or attacked by another animal, and you have found the remains—the truth can be somewhat softened for younger kids. You don’t have to tell the whole truth. If your pet has simply disappeared, however, make every effort to find it! It’s amazing how often a lost pet will turn up just a few doors down, simply because the owner never bothered to put up “lost pet” signs. And if your pet has been taken in by some kind person, her or she will happily stay in the new home and forget about you. Your child, however, doesn’t forget.

Swapping dead pets for new ones is an insult to the child’s intelligence. Parents may get away with it for a while, but doing so simply postpones the inevitable and difficult “death” question. If a child experiences the death of a pet before that of an important person (a grandparent, for example), he or she is better prepared for this bigger loss. Interfering with this natural life lesson will only make the harder lessons…harder.

Here are some ideas for helping kids cope with the death of a pet:

  • Hold a funeral. If it’s a small pet, bury it in your yard. If it’s a large pet (or if it’s deep winter and the ground is frozen), you may need to have him or her “cared for” by your veterinarian. If the pet has gone missing and there is no body, have a service anyway. Place a memorial marker in your yard. Let each child say something about the pet. Pray if it’s appropriate to your belief system.
  • Make a memory book. Include pictures of the pet, her tags and other mementos. Let the children contribute drawings, poems, or stories about the pet’s life.
  • Display pictures of the pet around the house to assure the kids that the pet hasn’t been forgotten.
  • Encourage children to talk about the deceased pet. Never suggest that they “get over it” or forget about it.
  • Wait a while before getting a new pet. The child may not be ready to transfer his or her affections, and may even resent the new pet for not “being” the old pet.
  • Strenuously resist any temptation to “fool” the kids by rushing out and getting a new lookalike turtle, fish, mouse, etc.

So when your family experiences the loss of a pet, take the opportunity to teach your children or grandchildren how to deal with death. Deep-six the “ran away” story. Fido or Fluffy or Buddy or Tinkerbell died. Went to doggy or kitty Heaven, crossed the Rainbow Bridge, returned to Mother Earth—whatever fits with your beliefs. But never say it ran away, unless you know for certain that it did. And never pull the pet-switch trick.

Lisa J. Lehr is a writer and copywriter as well as animal lover living in Grass Valley. She can help you promote your business with a full range of online and offline marketing pieces. A member of Empire Toastmasters, she’s available to speak to your business or professional group. Visit her website www.justrightcopy.com for more information, opt in for a message series, and receive a free Marketing Guide.


Lisa J. Lehr
I write words that make you money–just ask me how.
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Bernard Madoff’s Estate Sues Three Major Banks

Bermard L Madoff after his arrest

The court-appointed trustee for Bernard L. Madoff’s estate has sued three major global financial institutions for a combined $17.4 billion, alleging that the banks aided Madoff in his Ponzi scheme.

Madoff, former investment advisor and chairman of the Nasdaq Stock Exchange, in March 2009 pleaded guilty to a massive fraud involving his investment management business, bilking investors out of more than $50 billion dollars.

He is currently in prison serving a sentence of 150 years, after his Ponzi scheme involving Bernard L. Madoff Investment Securities LLC was publicized in December 2008.

The three banks been sued are HSBC, JPMorgan, and UBS. They are accused of aiding and abetting Madoff’s Ponzi scheme.

But analysts say that proving knowledge of fraud is difficult—there’s a difference of condoning fraudulent acts and actively finding it. Even the Securities and Exchange Commission failed to act on reining in Madoff, despite alerts of fraud from multiple sources.

Source: The Epoch Times

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Nevada County Country Christmas Faire Results

Gingerbread House Competition Results and Canned Food Drive Results

A successful canned food drive, more than 125 vendors, and sixty seven gingerbread houses built made the 26th Annual Country Christmas Faire at the Nevada County Fairgrounds a success.

The 8th Annual Gingerbread House Competition was once again a crowd favorite, with more than 67 entries received. Of those entries, the Best of Show winner was Kathryn Hammond of Penn Valley, and the People’s Choice Award also went to Kathryn Hammond.  The Best of Show is chosen by the judges, and the People’s Choice is selected through ballots cast by individuals who attend the Craft Faire.

First place winners in the individual categories include Jillian Beaver (child 5 & under); Ellie Andrews (child – ages 6-8); Ellie Robinson (child – ages 9-12); Evelyn Grandfield (kits – ages 8 & under); Toria Kinney (teen – ages 13-17); Kathryn Hammond (adult – 18 -64); Mary Abbott (adult – 65 & over); Ian Woodgrift (Special Needs); Hennessy Tiger Cubs After School Program (group – children 12 & under); Nick & Christina Walden (group – teen 13-17); Nora Devlin (group – family); The Perilman Family and Crew (group – adult 18 & over); and Bonnie Anderson (professional/business).

With the help of HOPE (Help Other People Eat) in Nevada County, Sunday’s canned food drive collected 1,000 cans of food, as well as cash donations. These donations will be used at the organization’s December food distribution. HOPE in Nevada County is a program established through the Grass Valley Elks, who partner with the Food Bank of Nevada County to feed those in need. HOPE distributes food once a month to anyone in the county in need of food and emergency food every Monday.

The 2011 Country Christmas Faire is planned for Thanksgiving weekend, November 25 – 27, 2011.  For information, visit www.NevadaCountyFair.com or call 273-6217.

By: Wendy Oaks
Publicist, Nevada County Fairgrounds
(530) 273-6217
wsoaks@gmail.com