Jeny Milosevic's Blog

Dear Friend:
Last Thursday, the nation’s five largest mortgage servicers agreed to a landmark $25 billion settlement with a coalition of state attorneys general and federal agencies. The settlement addresses past mortgage loan servicing, foreclosure abuses and fraud, provides substantial financial relief to borrowers harmed by bank fraud, and establishes significant new homeowner protections for the future.
The joint state-federal group announced the agreement with the nation's five largest servicers: Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup, Inc., and Ally Financial, Inc. (formerly GMAC). Collectively, the five banks service nearly 60 percent of the nation’s mortgages.
Under the agreement, the five servicers agree to:

• Commit a minimum of $17 billion directly to borrowers through a series of national homeowner relief effort options, including principal reduction. Servicers will likely provide up to an estimated $32 billion in direct homeowner relief.
• Commit $3 billion to an underwater mortgage refinancing program.
• Pay $5 billion to the states and federal government ($4.25 billion to the states and $750 million to the federal government).
• Provide homeowners with comprehensive new protections from new mortgage loan servicing and foreclosure standards.

Additionally,

• An independent monitor will ensure mortgage servicer compliance.
• States can pursue civil claims outside of the agreement including securitization claims as well as criminal cases.
•  Borrowers and investors can pursue individual, institutional or class action cases regardless of agreement.

Homeownership can be a real joy. It's time to get off the fence and into a home that is right for you!  
 
Do These Real Estate Tips Really Apply to YOU?
 
We've learned these tips through years of experience as top real estate agents. But we know that YOUR situation might be different. That's why we're here.
 
It's our job to personally advise homebuyers and sellers. Ask us if any tip that we've included here really applies to your situation. 
 
Do any of these tips raise questions for you? Didn't find what you're looking for? Let us know! We am happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...  

You can find more about Jeny and JHM Business Services on facebook, Twitter and Linkedin.

Have a great weekend

Jeny Milosevic
Realtor/Broker Associate
JHM Business Services
Lic. 01759329 

Dear Friend:
Last Thursday, the nation’s five largest mortgage servicers agreed to a landmark $25 billion settlement with a coalition of state attorneys general and federal agencies. The settlement addresses past mortgage loan servicing, foreclosure abuses and fraud, provides substantial financial relief to borrowers harmed by bank fraud, and establishes significant new homeowner protections for the future.
The joint state-federal group announced the agreement with the nation's five largest servicers: Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup, Inc., and Ally Financial, Inc. (formerly GMAC). Collectively, the five banks service nearly 60 percent of the nation’s mortgages.
Under the agreement, the five servicers agree to:

• Commit a minimum of $17 billion directly to borrowers through a series of national homeowner relief effort options, including principal reduction. Servicers will likely provide up to an estimated $32 billion in direct homeowner relief.
• Commit $3 billion to an underwater mortgage refinancing program.
• Pay $5 billion to the states and federal government ($4.25 billion to the states and $750 million to the federal government).
• Provide homeowners with comprehensive new protections from new mortgage loan servicing and foreclosure standards.

Additionally,

• An independent monitor will ensure mortgage servicer compliance.
• States can pursue civil claims outside of the agreement including securitization claims as well as criminal cases.
•  Borrowers and investors can pursue individual, institutional or class action cases regardless of agreement.

Homeownership can be a real joy. It's time to get off the fence and into a home that is right for you!  
 
Do These Real Estate Tips Really Apply to YOU?
 
We've learned these tips through years of experience as top real estate agents. But we know that YOUR situation might be different. That's why we're here.
 
It's our job to personally advise homebuyers and sellers. Ask us if any tip that we've included here really applies to your situation. 
 
Do any of these tips raise questions for you? Didn't find what you're looking for? Let us know! We am happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...  

You can find more about Jeny and JHM Business Services on facebook, Twitter and Linkedin.

Have a great weekend

Jeny Milosevic
Realtor/Broker Associate
JHM Business Services
Lic. 01759329 

Dear Friend:
Last Thursday, the nation’s five largest mortgage servicers agreed to a landmark $25 billion settlement with a coalition of state attorneys general and federal agencies. The settlement addresses past mortgage loan servicing, foreclosure abuses and fraud, provides substantial financial relief to borrowers harmed by bank fraud, and establishes significant new homeowner protections for the future.
The joint state-federal group announced the agreement with the nation's five largest servicers: Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup, Inc., and Ally Financial, Inc. (formerly GMAC). Collectively, the five banks service nearly 60 percent of the nation’s mortgages.
Under the agreement, the five servicers agree to:

• Commit a minimum of $17 billion directly to borrowers through a series of national homeowner relief effort options, including principal reduction. Servicers will likely provide up to an estimated $32 billion in direct homeowner relief.
• Commit $3 billion to an underwater mortgage refinancing program.
• Pay $5 billion to the states and federal government ($4.25 billion to the states and $750 million to the federal government).
• Provide homeowners with comprehensive new protections from new mortgage loan servicing and foreclosure standards.

Additionally,

• An independent monitor will ensure mortgage servicer compliance.
• States can pursue civil claims outside of the agreement including securitization claims as well as criminal cases.
•  Borrowers and investors can pursue individual, institutional or class action cases regardless of agreement.

Homeownership can be a real joy. It's time to get off the fence and into a home that is right for you!  
 
Do These Real Estate Tips Really Apply to YOU?
 
We've learned these tips through years of experience as top real estate agents. But we know that YOUR situation might be different. That's why we're here.
 
It's our job to personally advise homebuyers and sellers. Ask us if any tip that we've included here really applies to your situation. 
 
Do any of these tips raise questions for you? Didn't find what you're looking for? Let us know! We am happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...  

You can find more about Jeny and JHM Business Services on facebook, Twitter and Linkedin.

Have a great weekend

Jeny Milosevic
Realtor/Broker Associate
JHM Business Services
Lic. 01759329 

Dear Friend:
Last Thursday, the nation’s five largest mortgage servicers agreed to a landmark $25 billion settlement with a coalition of state attorneys general and federal agencies. The settlement addresses past mortgage loan servicing, foreclosure abuses and fraud, provides substantial financial relief to borrowers harmed by bank fraud, and establishes significant new homeowner protections for the future.
The joint state-federal group announced the agreement with the nation's five largest servicers: Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup, Inc., and Ally Financial, Inc. (formerly GMAC). Collectively, the five banks service nearly 60 percent of the nation’s mortgages.
Under the agreement, the five servicers agree to:

• Commit a minimum of $17 billion directly to borrowers through a series of national homeowner relief effort options, including principal reduction. Servicers will likely provide up to an estimated $32 billion in direct homeowner relief.
• Commit $3 billion to an underwater mortgage refinancing program.
• Pay $5 billion to the states and federal government ($4.25 billion to the states and $750 million to the federal government).
• Provide homeowners with comprehensive new protections from new mortgage loan servicing and foreclosure standards.

Additionally,

• An independent monitor will ensure mortgage servicer compliance.
• States can pursue civil claims outside of the agreement including securitization claims as well as criminal cases.
•  Borrowers and investors can pursue individual, institutional or class action cases regardless of agreement.

Homeownership can be a real joy. It's time to get off the fence and into a home that is right for you!  
 
Do These Real Estate Tips Really Apply to YOU?
 
We've learned these tips through years of experience as top real estate agents. But we know that YOUR situation might be different. That's why we're here.
 
It's our job to personally advise homebuyers and sellers. Ask us if any tip that we've included here really applies to your situation. 
 
Do any of these tips raise questions for you? Didn't find what you're looking for? Let us know! We am happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...  

You can find more about Jeny and JHM Business Services on facebook, Twitter and Linkedin.

Have a great weekend

Jeny Milosevic
Realtor/Broker Associate
JHM Business Services
Lic. 01759329 

Dear Friend:
Last Thursday, the nation’s five largest mortgage servicers agreed to a landmark $25 billion settlement with a coalition of state attorneys general and federal agencies. The settlement addresses past mortgage loan servicing, foreclosure abuses and fraud, provides substantial financial relief to borrowers harmed by bank fraud, and establishes significant new homeowner protections for the future.
The joint state-federal group announced the agreement with the nation's five largest servicers: Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup, Inc., and Ally Financial, Inc. (formerly GMAC). Collectively, the five banks service nearly 60 percent of the nation’s mortgages.
Under the agreement, the five servicers agree to:

• Commit a minimum of $17 billion directly to borrowers through a series of national homeowner relief effort options, including principal reduction. Servicers will likely provide up to an estimated $32 billion in direct homeowner relief.
• Commit $3 billion to an underwater mortgage refinancing program.
• Pay $5 billion to the states and federal government ($4.25 billion to the states and $750 million to the federal government).
• Provide homeowners with comprehensive new protections from new mortgage loan servicing and foreclosure standards.

Additionally,

• An independent monitor will ensure mortgage servicer compliance.
• States can pursue civil claims outside of the agreement including securitization claims as well as criminal cases.
•  Borrowers and investors can pursue individual, institutional or class action cases regardless of agreement.

Homeownership can be a real joy. It's time to get off the fence and into a home that is right for you!  
 
Do These Real Estate Tips Really Apply to YOU?
 
We've learned these tips through years of experience as top real estate agents. But we know that YOUR situation might be different. That's why we're here.
 
It's our job to personally advise homebuyers and sellers. Ask us if any tip that we've included here really applies to your situation. 
 
Do any of these tips raise questions for you? Didn't find what you're looking for? Let us know! We am happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...  

You can find more about Jeny and JHM Business Services on facebook, Twitter and Linkedin.

Have a great weekend

Jeny Milosevic
Realtor/Broker Associate
JHM Business Services
Lic. 01759329 

Dear Friend:
At this time, you should received 1099s and W-2s in the mail, which means that you can begin to prepare your tax information for the calendar year of 2010.
There are a few things that I consider to be of critical importance when it comes to preparing taxes:

1. Your accountant is an extension of your overall financial plan, and should be acting in accordance with your long-term financial goals. This includes running sophisticated analyses and making sure that you’re preparing yourself for your long-term retirement needs.
2. Accountants typically spend the majority of their annualized work hours over a three month period of time beginning in late January and running through late April. The critical mistake that I often find is that most people visit their accountant during this three month period of time. Now ask yourself this question: Does it really make sense to be meeting with one of the most pivotal people in your financial planning life at the time that they are most busy? Of course it doesn’t.
 
This is why it is very important that you work with an accountant that takes a much more proactive approach. You need someone who meets with you to do forward tax planning during the off season. If this is not happening, it should be a red flag that you are not getting all that you should from your accounting relationship.

As you begin to prepare for this tax season, know that I highly recommend JHM Tax Services. The telephone number is (818) 887-2085. I would strongly encourage you to contact JHM Tax Services if you are dissatisfied with your existing tax preparation situation.
 
May 2012 be a great year for you and those you care about! If there is anything that I can do to assist you, please do not hesitate to call. 
You can find more about Jeny and JHM Business Services on facebook, Twitter and Linkedin.

Have a great weekend