Archive for June, 2012

Colorado Fire – Taken by a firefighter on the ground in Colorado Springs!

June 28, 2012 Leave a comment

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Weekly Primary Mortgage Rate – June 28, 2012

June 28, 2012 Leave a comment
Regional Breakdown 30-Yr FRM 15-Yr FRM 5/1-Yr ARM 1-Yr ARM
Average Rates 3.66% 2.94% 2.79% 2.74%
Fees & Points 0.7 0.7 0.6 0.4
Margin N/A N/A 2.74 2.76

From Freddie Mac

Real Estate Agent Pleads Guilty to Conspiracy to Commit Real Estate Fraud in Connection with Short Sale Transaction

June 26, 2012 Leave a comment



Tom Pool, (916) 227-0772

Real Estate Matters!

Felony conviction leads to jail time and license surrender

SACRAMENTO – After an extensive investigation by the California Department of Real Estate (DRE) and the Office of the California Attorney General (AG), real estate salesperson Matthew Wayne Stewart pled guilty to conspiracy to commit real estate fraud stemming from his actions in two short sale transactions.

“This case should be a warning to all licensees involved in short sale fraud”, stated Bill Moran, DRE’s enforcement chief. “Such fraud by real estate licensees will not be tolerated and the DRE will continue to work with its law enforcement partners to ensure unscrupulous operators are punished to the full extent of the law.”

In October 2010, the DRE filed an action against Stewart accusing him of, among other things, receiving illegal secret profits in two separate short sale transactions. Specifically, Stewart was accused of entering into two separate short sale listing agreements wherein the allowable compensation to be paid to the licensees could not exceed 7% of the sales price. However, Stewart was accused of exceeding the compensation limitation by requiring the buyers to pay an additional 3% short sale negotiation fee, a fee that was concealed and not disclosed to the lenders or sellers.

The case was referred to the AG’s Mortgage Fraud Strike Force, established by Attorney General Kamala Harris in May 2011 to investigate and prosecute mortgage fraud. On December 28, 2011 the AG filed felony charges against Stewart for defrauding buyers and sellers in short sale transactions in Placer and Nevada counties. On April 18, 2012, Stewart pled guilty to conspiracy to commit real estate fraud stemming from the above transactions wherein Stewart “fraudulently collected two short sale fees to which he was not lawfully entitled…” As part of the plea, Stewart was required to surrender his real estate license, serve 90 days in jail, pay restitution of approximately $25,000, and be on formal probation for three years. On June 12, 2012, Stewart’s voluntary license surrender became effective.

Given current market conditions and the large number of financially distressed homeowners, the potential for short sale fraud is huge. Short sale fraud takes many forms and all forms have a deleterious effect on the market. To help combat short sale fraud, the DRE has issued several Consumer Alerts to help educate consumers and real estate licensees alike to avoid short sale scams. The Alerts are posted on the DRE’s website and may be found at:

The DRE is a state department whose mission is to protect the public interests in real estate matters. For more information about DRE and its programs visit 

From the California DRE.

June 23, 2012 Leave a comment

A small brown trout jumps at the end of my line.  Photo by Sandy Neuswanger.  Yes, the most popular photo on this website was taken by my mom when I handed off the camera to play this fish! From the Bois Brule River in Wisconsin.

Thank  you

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The godfather of global warming lowers the boom on climate change hysteria

June 23, 2012 Leave a comment

By ,Toronto Sun

First posted: Saturday, June 23, 2012 10:56 AM EDT | Updated: Saturday, June 23, 2012 03:45 PM EDT

James Lovelock is a world-renowned scientist and environmentalist

Two months ago, James Lovelock, the godfather of global warming, gave a startling interview to in which he acknowledged he had been unduly “alarmist” about climate change.

The implications were extraordinary.

Lovelock is a world-renowned scientist and environmentalist whose Gaia theory — that the Earth operates as a single, living organism — has had a profound impact on the development of global warming theory.

Unlike many “environmentalists,” who have degrees in political science, Lovelock, until his recent retirement at age 92, was a much-honoured working scientist and academic.

His inventions have been used by NASA, among many other scientific organizations.

Lovelock’s invention of the electron capture detector in 1957 first enabled scientists to measure CFCs (chlorofluorocarbons) and other pollutants in the atmosphere, leading, in many ways, to the birth of the modern environmental movement.

Having observed that global temperatures since the turn of the millennium have not gone up in the way computer-based climate models predicted, Lovelock acknowledged, “the problem is we don’t know what the climate is doing. We thought we knew 20 years ago.” Now, Lovelock has given a follow-up interview to the UK’s Guardian newspaper in which he delivers more bombshells sure to anger the global green movement, which for years worshipped his Gaia theory and apocalyptic predictions that billions would die from man-made climate change by the end of this century.

Lovelock still believes anthropogenic global warming is occurring and that mankind must lower its greenhouse gas emissions, but says it’s now clear the doomsday predictions, including his own (and Al Gore’s) were incorrect.

He responds to attacks on his revised views by noting that, unlike many climate scientists who fear a loss of government funding if they admit error, as a freelance scientist, he’s never been afraid to revise his theories in the face of new evidence. Indeed, that’s how science advances.

Among his observations to the Guardian:

(1) A long-time supporter of nuclear power as a way to lower greenhouse gas emissions, which has made him unpopular with environmentalists, Lovelock has now come out in favour of natural gas fracking (which environmentalists also oppose), as a low-polluting alternative to coal.

As Lovelock observes, “Gas is almost a give-away in the U.S. at the moment. They’ve gone for fracking in a big way. This is what makes me very cross with the greens for trying to knock it … Let’s be pragmatic and sensible and get Britain to switch everything to methane. We should be going mad on it.” (Kandeh Yumkella, co-head of a major United Nations program on sustainable energy, made similar arguments last week at a UN environmental conference in Rio de Janeiro, advocating the development of conventional and unconventional natural gas resources as a way to reduce deforestation and save millions of lives in the Third World.)

(2) Lovelock blasted greens for treating global warming like a religion.

“It just so happens that the green religion is now taking over from the Christian religion,” Lovelock observed. “I don’t think people have noticed that, but it’s got all the sort of terms that religions use … The greens use guilt. That just shows how religious greens are. You can’t win people round by saying they are guilty for putting (carbon dioxide) in the air.”

(3) Lovelock mocks the idea modern economies can be powered by wind turbines.

As he puts it, “so-called ‘sustainable development’ … is meaningless drivel … We rushed into renewable energy without any thought. The schemes are largely hopelessly inefficient and unpleasant. I personally can’t stand windmills at any price.”

(4) Finally, about claims “the science is settled” on global warming: “One thing that being a scientist has taught me is that you can never be certain about anything. You never know the truth. You can only approach it and hope to get a bit nearer to it each time. You iterate towards the truth. You don’t know it.”

Job Gains since 1948 by Presidential Tenure

June 21, 2012 Leave a comment

Here is the chart

Thank you to, this is the link to the guys blog.  There is good reading that goes along with the chart too.

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Weekly Primary Morgage Rates – June 21, 2012

June 21, 2012 Leave a comment
Regional Breakdown 30-Yr FRM 15-Yr FRM 5/1-Yr ARM 1-Yr ARM
Average Rates 3.66% 2.95% 2.77% 2.74%
Fees & Points 0.7 0.6 0.6 0.5
Margin N/A N/A 2.74 2.76

From Freddie Mac.  Compare Weekly Rates

Dave & David Warner