Tuesday, October 19, 2010

Time's Up

Trying to interact with Fannie Mae is like whispering in the wind. After finding out that they pulled the property we made an offer on off the market and also stopped the auction process to reassess where they stand, I decided to end my quest to understand what they are doing as a company. It is discouraging to know that the losses on these repossessed home are partially reimbursed by the federal government to minimize the impact to the bank holding the loan. We have moved far away from the impacted individual and are making sure we don't have any potential bank failures to manage. What should happen is that the banks take responsibility for their business mistakes and swallow the losses. The federal government is like an ostrich with its head in the sand as the predator approaches quickly.

Whether it is judged good or bad, we are all involved in what is unfolding. It will serve the greater good. Trust that and look for that view. We are trying to preserve, but there are many loose pieces of sand that are unmanageable. In the natural evolution of life, there comes a time to fall apart, just like there is a time to create and maintain what is created. The current path this country is on has outlived its usefulness. We are in the process of a transformation.


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