Thought this was a cool Italian Flag Image:
http://Italian flag courtesy of 4 International Flags
Sunday, April 18, 2010
Thursday, March 4, 2010
Drug Recall - Very Serious *** Send to friends & family
CONFIRMED BY: SNOPES.COM & FDA Jan 5, 2010All drugs containing
PHENYLPROPANOLAMINE are being recalled.
STOP TAKING anything containing this ingredient. It has been linked to increased hemorrhagic stroke (bleeding in brain)among women ages 18-49 in the three days after starting use of medication The FDA recommended that everyone (even children) seek alternative medicine..The following medications contain Phenylpropanolamine:Acutrim Diet Gum Appetite SuppressantAcutrim Plus Dietary SupplementsAcutrim Maximum Strength Appetite ControlAlka-Seltzer Plus Children's Cold Medicine EffervescentAlka-Seltzer Plus Cold medicine (cherry or orange)Alka-Seltzer Plus Cold Medicine OriginalAlka-Seltzer Plus Cold & Cough Medicine EffervescentAlka-Seltzer Plus Cold & Flu MedicineAlka-Seltzer Plus Cold & Sinus EffervescentAlka-Seltzer Plus Night-Time Cold MedicineBC Allergy Sinus Cold PowderBC Sinus Cold PowderComtrex Flu Therapy & Fever ReliefDay & Night Contac 12-Hour Cold CapsulesContac 12 Hour CapletsCoricidin D Cold, Flu & SinusDexatrim Caffeine FreeDexatrim Extended DurationDexatrim GelcapsDexatrim Vitamin C/Caffeine FreeDimetapp Cold & Allergy Chewable TabletsDimetapp Cold & Cough Liqui-GelsDimetapp DM Cold & Cough ElixirDimetapp ElixirDimetapp 4 Hour Liquid GelsDimetapp 4 Hour TabletsDimetapp 12 Hour Extendtabs TabletsNaldecon DX Pediatric DropsPermathene Mega-16Robitussin CFTavist-D 12 Hour Relief of Sinus & Nasal CongestionTriaminic DM Cough ReliefTriaminic Expectorant Chest & HeadTriaminic Syrup Cold & AllergyTriaminic Triaminicol Cold & CoughI just found out and called the 800# on the container for Triaminic and they informed me that they are voluntarily recalling the following medicines because of a certain ingredient that is causing strokes and seizures in childrenOrange3D Cold &Allergy Cherry (Pink) 3D Cold &Cough Berry 3D Cough Relief Yellow 3D ExpectorantThey are asking you to call them at 800-548-3708 with the lot number on the box so they can send you postage for you to send it back to them, and they will also issue you a refund. If you know of anyone else with small children,PLEASE PASS THIS ON... THIS IS SERIOUS STUFF!DO PASS ALONG TO ALL ON YOUR MAILING LIST so people are informed. They can then pass it along to their families.To confirm these findings please take time to check the following:http://www.fda.gov/cder/drug/infopage/ppa/ PLEASE PASS THIS ON TO YOUR CHILDREN IN CASE THEY GIVE IT TO THEIR CHILDREN OR TO FRIENDS WHO HAVE CHILDREN AND GRANDCHILDREN
CONFIRMED BY: SNOPES.COM & FDA Jan 5, 2010All drugs containing
PHENYLPROPANOLAMINE are being recalled.
STOP TAKING anything containing this ingredient. It has been linked to increased hemorrhagic stroke (bleeding in brain)among women ages 18-49 in the three days after starting use of medication The FDA recommended that everyone (even children) seek alternative medicine..The following medications contain Phenylpropanolamine:Acutrim Diet Gum Appetite SuppressantAcutrim Plus Dietary SupplementsAcutrim Maximum Strength Appetite ControlAlka-Seltzer Plus Children's Cold Medicine EffervescentAlka-Seltzer Plus Cold medicine (cherry or orange)Alka-Seltzer Plus Cold Medicine OriginalAlka-Seltzer Plus Cold & Cough Medicine EffervescentAlka-Seltzer Plus Cold & Flu MedicineAlka-Seltzer Plus Cold & Sinus EffervescentAlka-Seltzer Plus Night-Time Cold MedicineBC Allergy Sinus Cold PowderBC Sinus Cold PowderComtrex Flu Therapy & Fever ReliefDay & Night Contac 12-Hour Cold CapsulesContac 12 Hour CapletsCoricidin D Cold, Flu & SinusDexatrim Caffeine FreeDexatrim Extended DurationDexatrim GelcapsDexatrim Vitamin C/Caffeine FreeDimetapp Cold & Allergy Chewable TabletsDimetapp Cold & Cough Liqui-GelsDimetapp DM Cold & Cough ElixirDimetapp ElixirDimetapp 4 Hour Liquid GelsDimetapp 4 Hour TabletsDimetapp 12 Hour Extendtabs TabletsNaldecon DX Pediatric DropsPermathene Mega-16Robitussin CFTavist-D 12 Hour Relief of Sinus & Nasal CongestionTriaminic DM Cough ReliefTriaminic Expectorant Chest & HeadTriaminic Syrup Cold & AllergyTriaminic Triaminicol Cold & CoughI just found out and called the 800# on the container for Triaminic and they informed me that they are voluntarily recalling the following medicines because of a certain ingredient that is causing strokes and seizures in childrenOrange3D Cold &Allergy Cherry (Pink) 3D Cold &Cough Berry 3D Cough Relief Yellow 3D ExpectorantThey are asking you to call them at 800-548-3708 with the lot number on the box so they can send you postage for you to send it back to them, and they will also issue you a refund. If you know of anyone else with small children,PLEASE PASS THIS ON... THIS IS SERIOUS STUFF!DO PASS ALONG TO ALL ON YOUR MAILING LIST so people are informed. They can then pass it along to their families.To confirm these findings please take time to check the following:http://www.fda.gov/cder/drug/infopage/ppa/ PLEASE PASS THIS ON TO YOUR CHILDREN IN CASE THEY GIVE IT TO THEIR CHILDREN OR TO FRIENDS WHO HAVE CHILDREN AND GRANDCHILDREN
Tuesday, February 23, 2010
Tax Credit Video
See link below for a video from the Chief Executive Officer of Re/Max International, Margaret Kelly as she talks about the government's extension/expansion of the first-time homebuyer tax credit. http://www.youtube.com/watch?v=Q3BzAYXCR1A
Thursday, February 11, 2010
Announced FHA Policy Changes: Taken from Ron Marini with Mortgage America (see bottom for contact info)
Mortgage insurance premium (MIP) will be increased to build up capital reserves and bring back private lending
The first step will be to raise the up-front MIP by 50 bps to 2.25% and request legislative authority to increase the maximum annual MIP that the FHA can charge.
If this authority is granted, then the second step will be to shift some of the premium increase from the up-front MIP to the annual MIP.
This shift will allow for the capital reserves to increase with less impact to the consumer, because the annual MIP is paid over the life of the loan instead of at the time of closing
The initial up-front increase is included in a Mortgagee Letter to be released tomorrow, January 21st, and will go into effect in the spring.
Update the combination of FICO scores and down payments for new borrowers.
New borrowers will now be required to have a minimum FICO score of 580 to qualify for FHA's 3.5% down payment program. New borrowers with less than a 580 FICO score will be required to put down at least 10%.
This allows the FHA to better balance its risk and continue to provide access for those borrowers who have historically performed well.
This change will be posted in the Federal Register in February and, after a notice and comment period, would go into effect in the early summer. We still require a 640 middle fico score to get FHA financing.
Reduce allowable seller concessions from 6% to 3%
The current level exposes the FHA to excess risk by creating incentives to inflate appraised value. This change will bring FHA into conformity with industry standards on seller concessions.
This change will be posted in the Federal Register in February, and after a notice and comment period, would go into effect in the early summer.
Increase enforcement on FHA lenders
Publicly report lender performance rankings to complement currently available Neighborhood Watch data - Will be available on the HUD website on February 1.
This is an operational change to make information more user-friendly and hold lenders more accountable; it does not require new regulatory action as Neighborhood Watch data is currently publicly available.
Enhance monitoring of lender performance and compliance with FHA guidelines and standards.
Implement Credit Watch termination through lender underwriting ID in addition to originating ID.
This change is included in a Mortgagee Letter to be released tomorrow, January 21st, and is effective immediately.
Implement statutory authority through regulation of section 256 of the National Housing Act to enforce indemnification provisions for lenders using delegated insuring process
Specifications of this change will be posted in March, and after a notice and comment period, would go into effect in early summer.
HUD is pursuing legislative authority to increase enforcement on FHA lenders. Specific authority includes:
Amendment of section 256 of the National Housing Act to apply indemnification provisions to all Direct Endorsement lenders. This would require all approved mortgagees to assume liability for all of the loans that they originate and underwrite
Legislative authority permitting HUD maximum flexibility to establish separate "areas" for purposes of review and termination under the Credit Watch initiative. This would provide authority to withdraw originating and underwriting approval for a lender nationwide on the basis of the performance of its regional branches
In addition to the changes proposed today, the FHA is continuing to review its overall response to housing market conditions, and continuing to evaluate its mortgage insurance underwriting standards and its measures to help distressed and underwater borrowers through FHA/HAMP and other FHA initiatives going forward.
Ron Marini
Mortgage America
5301 Limestone Rd. St-202
Wilmington, Del. 19808
(w) 302-239-0600 ext-225
(fax) 302-239-0500
(cell) 302-218-4930
Delaware Lisence Number 900652
NMLS Number 165947
e-mail ron@mortgagebankamerica.com
Apply online just go to the link below:
(web site) http://www.de.mortgagebankamerica.com/
Mortgage insurance premium (MIP) will be increased to build up capital reserves and bring back private lending
The first step will be to raise the up-front MIP by 50 bps to 2.25% and request legislative authority to increase the maximum annual MIP that the FHA can charge.
If this authority is granted, then the second step will be to shift some of the premium increase from the up-front MIP to the annual MIP.
This shift will allow for the capital reserves to increase with less impact to the consumer, because the annual MIP is paid over the life of the loan instead of at the time of closing
The initial up-front increase is included in a Mortgagee Letter to be released tomorrow, January 21st, and will go into effect in the spring.
Update the combination of FICO scores and down payments for new borrowers.
New borrowers will now be required to have a minimum FICO score of 580 to qualify for FHA's 3.5% down payment program. New borrowers with less than a 580 FICO score will be required to put down at least 10%.
This allows the FHA to better balance its risk and continue to provide access for those borrowers who have historically performed well.
This change will be posted in the Federal Register in February and, after a notice and comment period, would go into effect in the early summer. We still require a 640 middle fico score to get FHA financing.
Reduce allowable seller concessions from 6% to 3%
The current level exposes the FHA to excess risk by creating incentives to inflate appraised value. This change will bring FHA into conformity with industry standards on seller concessions.
This change will be posted in the Federal Register in February, and after a notice and comment period, would go into effect in the early summer.
Increase enforcement on FHA lenders
Publicly report lender performance rankings to complement currently available Neighborhood Watch data - Will be available on the HUD website on February 1.
This is an operational change to make information more user-friendly and hold lenders more accountable; it does not require new regulatory action as Neighborhood Watch data is currently publicly available.
Enhance monitoring of lender performance and compliance with FHA guidelines and standards.
Implement Credit Watch termination through lender underwriting ID in addition to originating ID.
This change is included in a Mortgagee Letter to be released tomorrow, January 21st, and is effective immediately.
Implement statutory authority through regulation of section 256 of the National Housing Act to enforce indemnification provisions for lenders using delegated insuring process
Specifications of this change will be posted in March, and after a notice and comment period, would go into effect in early summer.
HUD is pursuing legislative authority to increase enforcement on FHA lenders. Specific authority includes:
Amendment of section 256 of the National Housing Act to apply indemnification provisions to all Direct Endorsement lenders. This would require all approved mortgagees to assume liability for all of the loans that they originate and underwrite
Legislative authority permitting HUD maximum flexibility to establish separate "areas" for purposes of review and termination under the Credit Watch initiative. This would provide authority to withdraw originating and underwriting approval for a lender nationwide on the basis of the performance of its regional branches
In addition to the changes proposed today, the FHA is continuing to review its overall response to housing market conditions, and continuing to evaluate its mortgage insurance underwriting standards and its measures to help distressed and underwater borrowers through FHA/HAMP and other FHA initiatives going forward.
Ron Marini
Mortgage America
5301 Limestone Rd. St-202
Wilmington, Del. 19808
(w) 302-239-0600 ext-225
(fax) 302-239-0500
(cell) 302-218-4930
Delaware Lisence Number 900652
NMLS Number 165947
e-mail ron@mortgagebankamerica.com
Apply online just go to the link below:
(web site) http://www.de.mortgagebankamerica.com/
Tuesday, February 2, 2010
HOME BUYER SEMINAR
HOME BUYER SEMINAR
Hosted By: John A. Barba, Re/Max Associates
Date: Sat, Feb 6th
Time: 1:00-2:30 pm
Place: 2710 Centerville Rd, Wilmington, DE 19808
- Understand the buying process
- Upcoming new FHA Guidelines & More
- Learn about the soon ending 6.5k & 8k Tax Credits
Guest Speakers: Mortgage America, Ron Marini; Ward & Taylor LLC, William E Ward, Esq; Amerispec Inspections, Lisa Roddis
Catered by Casapulla’s Hockessin
Mark your Calendar, Tell a Friend
Seating is limited, call to Reserve:
Direct 302-235-1054, Main: 302-234-3800
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