Protect Pets at Christmas

White Amaryllis 

 Protect your pets at Christmas

Mistletoe. mistletoe berries, and holly berries are poisonous. 

Better not have them in the house during the holidays.

Poinsettia and Christmas cactus are irritating and can cause vomiting,
 but a child or pet would need to eat about eighty leaves to become ill. 

This depends on amount ingested and weight and health of the child or pet.

Cyclamen is poisonous to pets as is English Ivy.

Amaryllis won't kill you but will make you sick.

Trees need to be secured to avoid them falling over and

 injuring the pet or a person.

Dana Point Sinks Pilgrim Ship

 

Why We Can't Have Nice Things in Dana Point

The Ocean Institute is reconstructing a smaller copy of the Pilgrim like the phoenix from the ashes. Workers on the dock today spin the story about what really happened. A passerby shouts to the workers about the erroneous signs asking, "what happened to the Pilgrim?" 

They coyly pretend they do not know. Signage misrepresents that the new ship is the same as the old.

The Pilgrim, a ship in Dana Point Harbor that served as the ultimate sailing fantasy for forty years of students in Capistrano School District. The Pilgrim in the harbor was a replica with some antique parts. She was a life size copy of the three-masted schooner merchant ship that Richard Henry Dana detailed in his novel Two Years Before the Mast. School children read the book, wrote stories about throwing the hides down the bluffs, and re-enacted the sailing on the ship Students slept in her quarters overnight and performed duties described in the novel.

In 2018 the ship was inspected by the US Coast Guard, the Insurance company's inspector, several boat consultants, the Harbor Master, and the Ocean Institute. They were advised to dry dock the Pilgrim and repair the leaks. Instead of fixing her, they let her sit in the water for four more years to sink. 

March 27th, 2020 locals noticed her sinking and notified the Ocean Institute. On the afternoon of the 28th she keeled over. By the 29th the ship sank in her slip at Dana Point Harbor.

A crane was leased to lift the Pilgrim out of the water on Thursday, April 2 for inspection to determine the cause of its sinking. But U.S. Coast Guard halted the operation when crews heard loud cracking and deemed the plan unsafe.  Negligence and lack of maintenance caused major rot in the mask and hull. The Ocean Institute called to consult with the County and the School District to solicit funds, but immediately the Ocean Institute found it cheaper to take the insurance settlement and demolish the Pilgrim in its slip.

The barge crew conducted the demolition and removal process on Tuesday, April 7, 2020. The removal was a process of cutting her into four foot pieces over several days with locals onlooking. Chain saws, pry bars, and hoists from the dock pulled her apart into scraps. The ship's wheel, lanterns, sails, the carvings, sleeping benches, the living history pieces mostly disappeared. Some items are today displayed in persons homes when they were supposed to become part of the Institute's collection. Pieces of the hull and mast sat in the Ocean Institute parking lot until 2022, some rotted parts line the pathway on the Ocean side of the building.

The Pilgrim's last insurance valuation was at $6 million. The vessel was surveyed during Pilgrim’s last haul out of the water in 2018, at which time the marine surveyor provided a market value, or insurable value. Ocean Institute underinsured the ship and settled for something shy of three million dollars.

The Pilgrim was an important classroom and field trip destination for hundreds of thousands of children for forty years and played a prominent role each year during the Ocean Institute’s Tall Ships Festival. My children scrubbed the decks and ate an onion. What do you recall about your school trip on the Pilgrim?

White House Lights?

 

MORTAGE SERVICER GENERAL WEBSITE CUSTOMER OPTIONS

If you are looking for your mortgage servicer or your servicer sold the loan

off to another company. Here is a helpful list from Santa to find the answer

you need about your home loan. Feel free to call me if you have questions.

Many people seem confused about Covid 19 mortgage assistance.

Forbearance was for 180 days. Unless you got a second agreement to go

a little longer. Forbearance programs are over. Only government backed

federal loans had an organized forbearance program.

I

Quicken Loans Inc. www.quickenloans.com https://www.rocketmortgage.com/lear

n/mortgage-assistancecovid19?qls=PUB_rocketmo.00001168

49

PennyMac Loan Services, LLC www.PennyMacUSA.com

LoanCare, LLC www.loancare.com https://www.myloancare.com/pub/ind

ex.html#/HomeRetentionRequest

Lakeview Loan Servicing, LLC www.lakeviewloanservicing.com https://lakeviewloanservicing.com/cor

onavirus-statement/

NewRez LLC (see also New

Residential Mortgage)

www.newrez.com https://www.newrez.com/covid19-

update/

Dovenmuehle Mortgage, Inc. www.dovenmuehle.com https://www.yourmortgageonline.com

/Account/Covid19Hardship

Freedom Mortgage Corporation www.freedommortgagecorporatio

n.com

PHH Mortgage Corporation www.phhmortgage.com

Caliber Home Loans, Inc. www.caliberhomeloans.com https://caliberhomeloans.com/aboutus/news/2020/03/17/message-fromsanjiv-das-ceo-our-commitment-tocustomers-business-partners-andemployees-during-the-coronavirus

Select Portfolio Servicing, Inc. www.spservicing.com

Specialized Loan Servicing LLC www.sls.net

RoundPoint Mortgage Servicing

Corporation

www.rpmservicing.com https://www.roundpointmortgage.com

/coronavirus

United Shore Financial Services,

LLC

www.unitedshore.com

AmeriHome Mortgage Company,

LLC

www.amerihome.com/ https://www.amerihome.com/coronav

irus-info/

MORTAGE SERVICER GENERAL WEBSITE CUSTOMER OPTIONS

Carrington Mortgage Services,

LLC

www.carringtonmortgage.com/ https://www.carringtonmortgage.com/

covid19

Provident Funding Associates,

L.P.

www.provident.com/

Rushmore Loan Management

Services LLC

www.rushmorelm.com https://www.rushmorelm.com/covid19-update/

Home Point Financial

Corporation

www.homepointfinancial.com/ https://www.homepointfinancial.com/

covid19

Guild Mortgage Company www.guildmortgage.com/ https://www.guildmortgage.com/covid

-19/

Ditech Financial LLC www.ditech.com/

loanDepot.com, LLC www.loandepot.com/ http://start.loandepot.com/assets/intemail/disaster/COVID19ServicingCom

municationv6.0.pdf

THE MONEY SOURCE INC. themoneysource.com/ https://themoneysource.com/happyhub/coronavirus/

Broker Solutions, Inc. www.newamericanfunding.com/co

ntact/

Aurora Financial Group, Inc. auroralending.com/

Bayview Loan Servicing, LLC www.bayviewloanservicing.com/ https://bayviewloanservicingcares.com

/impacted/

Planet Home Lending, LLC planethomelending.com/ https://planethomelending.com/covid

19/

Arvest Central Mortgage

Company

arvestcentralmortgage.com/ https://www.arvestcentralmortgage.co

m/resources/hardshipassistance/hardship-assistance-main

Fay Servicing, LLC www.fayservicing.com/

Mortgage Research Center, LLC www.mortgageresearchcenter.com

/

MORTAGE SERVICER GENERAL WEBSITE CUSTOMER OPTIONS

FCI Lender Services, Inc. www.trustfci.com/

Sun West Mortgage Company,

Inc.

www.swmc.com/ https://www.swmc.com/

First Guaranty Mortgage

Corporation

fgmc.com/

Compu-Link Corporation www.celink.com/

Reverse Mortgage Funding LLC www.reversefunding.com/

Finance of America Reverse LLC www.fareverse.com/

American Advisors Group www.aag.com/

Longbridge Financial, LLC longbridge-financial.com/

District of Columbia DC Mortgage Laws

District of Columbia as in DC Washington Mortgage Test

Loan questions and answers

 Per DISB requirements, all records shall be maintained for:

 

5 years from loan consummation

5 years from application date

For at least 3 years after final payment is made on any mortgage loan or after the mortgage loan is sold, whichever first You correctly checked this.

3 years from loan consummation

Each Mortgage lender required to be licensed under this chapter shall retain for at least 3 years after final payment is made on any mortgage loan or after the mortgage loan is sold, whichever first occurs

Question 2

All of the following would result in license revocation by default except:

 

Failure to maintain net worth requirements

Failure to maintain bond

Failure to originate more than 1 loan in a calendar yearYou correctly checked this.

Failure to pay annual license fee

The number of originations is not a provisions of licensure.

Question 3

Unless it is available at the time of the application, the following information is not required when applying for a proposed mortgage loan except for:

 

Whether the loan may result in a balloon payment

Whether the interest rate is fixed or variable

The date of maturity of the proposed loanYou correctly checked this.

The purpose of the refinancing, if the loan will refinance a prior loan secured by the same real property

The date of maturity of the proposed loan, whether the loan may result in a balloon payment, and whether the interest rate is fixed, or variable may not be known at the time of the application and are therefore not fundamental requirements. However, the purpose of the refinancing, if the loan will refinance a prior loan secured by the same real property, must be clearly stated.

Question 4

Each application for a proposed mortgage loan must always contain the following information except for:

 

The unique identifier of the MLO

Whether the interest rate is fixed or variableYou correctly checked this.

The Social Security number of each borrower

The principal amount of the loan requested

All applications for a proposed mortgage loan must contain, among other things, the unique identifier of the MLO, the Social Security number of each borrower, and the principal amount of the loan requested. However, information regarding whether the interest rate will be fixed, or variable may not be available at the time of the application and is therefore not a requirement.

Which loan would be considered a Nontraditional loan?

 

A District of Columbia state-specific mortgage

A Loans issued to subprime borrowers

A 30-year fixed-rate mortgage

A 15-year Adjustable-rate amortizing mortgageYou correctly checked this.

The DISB guidance says that a Non-conventional mortgage loan is any mortgage loan that is not a fixed-rate mortgage loan with an amortization period of 30 years or less.

All of the following documents must be kept in a loan file folder except:

 

Conversation logYou correctly checked this.

Adverse Action

Closing Disclosure

Loan application

Conversation log is not a requirement to be kept on file.

The DISB consists of 5 bureaus. These are the Insurance Bureau, the Securities Bureau, the Banking Bureau, the Enforcement and Investigation Bureau, and the Risk Finance Bureau.

Mortgage licensees must ensure that all lock-in agreements are in writing and contain which minimum details?

 

Date locked, expiration date, and rate locked in.

Date locked - expiration date, interest rate, discount points, lock-in fee if applicable, & commitment fee if applicableYou correctly checked this.

Date signed, expiration date, discount points, signatures

Interest rate, points, and lock-in fee

Three of these answers do not have enough data. Date locked - expiration date, interest rate, discount points, lock-in fee if applicable, & commitment fee if applicable.