The National Academy of Financial Literacy (NAFL) is pleased to announce ourselves as the first Licensed Business College in the United States to be accepted into The National Society of Leadership and Success Program. What is significant about this new relationship is that prior to our approval, this program was only available to Universities and State Colleges, where the program has been instrumental in leading thousands of students across the country into a successful future.

Beaverton, Oregon February 15, 2010 -  This program, previously available exclusively to the traditional higher learning community, is now being introduced into the business community to help our country rebound from so many financial failures, at a grass roots level. The program includes Monthly Broadcasts bringing Nationally renowned speakers to the Student and Business Community on a monthly basis.  Other benefits include Success Networking, scholarships, help with Resume Writing, Personal References to Employers, Leadership Education, and Leadership Certification along with other opportunities for personal growth and success.

NAFL President, Linda Moore MacCoy stated "We are very pleased and deeply honored to be the first Business College accepted in this program. In a time of high unemployment and uncertainty, we feel this organization will bring assistance to our students who utilize our program for business and job skills growth. Our students will certainly benefit from participating in this program when there is such competition for employment. Today's employers can demand higher performance than ever before.

Corinne Grumbt, NAFL V.P. of Marketing and Technology is quoted as saying "Being included into the society is a great honor for us as a Professional College and a wonderful opportunity for our students! I joined the Society while attending school in College and found the program not only helpful in networking with other students but kept me on track with my personal and professional goals. It is a fantastic program, worth every dime in membership dues, and a great honor to be part of such a successful program."

What does this mean for you?

As a professional in the lending and housing industries, this means that you can take advantage of an opportunity that is normally only available to students of traditional higher learning institutions and normally that of a specified GPA.

Those of you who have been in this industry for a long time know that a down-turned market is the time to take advantage of working on yourself, and that of your business practices (getting back in touch with clients you have not talked to in a while?). The National Society of Leadership and Success provides just that opportunity! Not only will you become a certified leader, you will also have a team of people dedicated to the success of your personal and professional goals.

What are the benefits?

Success Networking Teams Personal Success Coaching Leadership Collection Scholarships and Awards Leadership Certification Letter of Recommendation Resume Enhancement Nationwide Network Success Talk Job Interview Skills Society Career Website Social Events

Alumni Directory Honors Motivational Mondays Monthly Newsletter Previous Broadcasts Leadership Opportunities Discounts through Corporate Partners Member Gifts Presidential Members Founding Members Lifetime of Benefits

If you would like to learn more, please feel free to watch the video below:

 

How does this work?

While our chapter is in charter, we will take advantage of webinar tools to meet, and discuss our goals as a group; as we grow, we will be establishing sub-chapters nationwide where you will be able to meet with pending members,  full-fledged members, and our alumni at a location nearest you.

Becoming a certified member of the National Society of Leadership and Success is easy! In order to become inducted as a Certified Leader you must:

• Attend one Orientation
• Attend three Success Networking Team meetings
• Attend three Speakers Series presentations
• Attend one Leadership Training Day event

Additionally, there is an opportunity to receive the coveted National Excellence in Leadership Award by also:

• Attend three additional Success Networking Team meetings
• Attend three additional Speaker Series presentations
• Complete five hours of community service. NAFL will provide ongoing opportunities for you to participate in or you can pick your own.

Are there dues?

Yes, there is a one-time lifetime membership fee of $75

Where do my dues go?

Although NAFL is bringing you this exciting opportunity to become part of this prestigious Society, we do not benefit from your membership dues. Your dues are used by the Society to benefit you!

• Local chapter induction ceremony, invitations, and other chapter activities
• National scholarships and awards
• Member registration
• Member items (training certificate, t-shirt, membership pin, etc.)
• Postage to send member items
• Personal coaching for you as a member
• Development of the members’ web site
• Success Talk & Interview Series production
• Online bandwidth for full streaming videos in the members area
• Materials and staff time to train your chapter advisor and student board
• Staff to answer your questions by phone and email
• Administrative personnel to prepare your training certificates and manage member details
• And many other member-only benefits. . .

How do I join?

The National Society for Leadership and Success is sending out invitations to many businesses in Oregon, Washington, and Idaho for our first round. If you are interested in joining this exciting opportunity of becoming a certified leader with The National Society of Leadership and Success, please feel free to use our contact us form or contact your advisors directly by using the information below:

Linda Moore MacCoy,  503.639.5500    This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Corinne Grumbt, 425.605.2292     This e-mail address is being protected from spambots. You need JavaScript enabled to view it

You can also simply go to The National Society of Leadership and Success website found at:  http://www.societyleadership.org and enter access code:18585-823-12837 to join or to learn more.

Please remember, this is a one-time fee to join for your lifetime membership! This means that if for some reason you have trouble attending any of our events, you can always make it up later to become a full-fledge member of the Society. We will work with you to ensure your success within our Chapter and will provide many opportunities for leadership, and support in attaining your personal goals.

Benefits Explained:

These meetings will be referred to as SNT meetings within the membership area of http://www.societyleadership.org and within our meetings as a chapter. SNT meetings are designed to help you set goals and overcome obstacles to reaching success using a proven formula for producing results. Your SNT group will help you clarify your goals, benefit from other people's experience, and commit to specific action steps to achieve your desired results.

Personal Success Coaching: Interact with a success coach to help you achieve your desired results!

Leadership Collection: Gain access to leadership and success materials to help you stay motivated, and on track with your personal and professional goals.

Scholarships and Awards: Submit for member scholarships, awards, and prizes! You can receive distinctive national recognition as well as apply for numerous local awards.

Leadership Certification: Receive a membership certificate that enables you to display your accomplishments.

Letter of Recommendation: Receive a personalized letter of recommendation that will help you stand out to employers, clients, or admissions officers.

Resume Enhancement: Many employers are looking for leadership skills within potential employees. Proudly display your achievement on your resume to help you stand out from other applicants.

Nationwide Network: With the National Society for Leadership and Success you are never alone. Over 91,060 individuals comprise the Society nationwide and counting! What this means for you is a national networking opportunity both with your chapter and with members, and alumni outside your chapter.

Success Talk: Did you enjoy listening to a particular speaker within the live videoconference? Within the members area of The National Society of Leadership and Success website you are able to benefit from an additional 15 minutes of streaming video to watch after the live event.

Job Interview Skills: Improve your job interview skills through our online interview series with career experts.

Society Career Website: Within this part of the Society website, you have access to tools and jobs that are available only to members.

Social Events: Meet likeminded positive people and make friends at social events, fund raising programs, service projects, and other Society gatherings you choose to attend.

Alumni Directory: Gain access to our national chapter directory.

Honors: During your induction ceremony, you have the option to show your achievement by wearing the honor chords and stole.

Motivational Mondays: Receive a motivational audio recording every Monday in your e-mail with something positive to kick off your week!

Monthly Newsletter: Receive a monthly electronic newsletter with leadership and success content and prizes; if your name is randomly chosen and listed, call in to collect your cash prize!

Previous Broadcasts: Gain access online to all past videoconferences events - a tremendous amount of great content which grows each year.

Leadership Opportunities: You will have the ability to take on a local, regional, or national leadership position within the Society!

Discounts from Corporate Partners: Take advantage of savings through our partnerships as a Society member.

Membership Gifts: Receive a certificate of membership, Society distinguished pin, and Society T-shirt!

Presidential Members: When you have completed your steps to membership and you take classes with NAFL and pass exams with high scores, you have an opportunity to gain recognition for your achievements from the President of The National Society of Leadership and Success via a certificate of achievement with a seal from the Society Presidents office.

First Year Founding Members: Receive a Society Executive Style Pen and have your name imprinted on a permanent charter certificate displayed on our school website.

Lifetime Benefits: Receive a lifetime membership upon induction and enter our alumni network where you continue to receive all benefits of membership above and additional benefits/discounts associated with our Corporate partnerships.

NAFL Benefits: Members of The National Society of Leadership and Success will recieve a discount on PE, CE, and elective credits!

The National Academy of Financial Literacy is proud to announce our School Approval with the Nationwide Mortgage Licensing System.  Our  NMLS Provider number 1400116, grants us School approval to offer NMLS Certified Classes.

On May 04, 2010 our PE Comprehensive 20 hour class was  approved  as Course Number 1540.   President Linda MacCoy is quoted as saying “this has been a very long and intensive process.”  We are pleased that NMLS has raised the bar so high, insuring quality education delivery. The class is approved for Live Classroom Delivery.

This 20 hour Comprehensive class meets your Pre-License mandatory class requirements.  We are also offering a one day Intensive Cram Class that prepares our students for the mandatory national exam.

Other classes are planned, so watch for additional class offerings into the coming months.

Linda stated that “ she has been instructing similar classes for over 5 years, with student passing at much higher scores than the National Average, which is 71%.”  A passing score is 75% or higher.

Please check back often as we will be posting new classes soon! (Updated 05/06/2010)

Mortgage market today is an increasingly, complex industry. Those who want to survive and thrive need to evolve with the industry and use the right tools. As a mortgage professional, you know success is all about filling your pipelines, becoming more efficient and getting maximizing results every time. The success of your business depends on the efficiency of your operation as a whole. You need to be able to move quickly without making mistakes, missing deadlines, or letting customers slip through the cracks.

Think about your work process from initial loan application through final docs signing and post-close.  Wouldn’t it be great if you could:

• always know the status of every loan in your pipeline?
• never lose another rate lock?
• never miss an opportunity to leverage the right time to connect with a borrower with info or prospective customer?

Now think about your marketing and sales efforts.  How effective are you at “building customers for life?”  Perhaps you are very effective at marketing and sales; how about everybody else on your team?  Are all of you effective in this area?  How valuable would it be if you could:

• develop disciplined, streamlined work flows?
• effectively coordinate all members of your team?
• automate repetitive, manual tasks?

You can do all of this and much more with a software bundle called PushMX Sales and PushMX Production.  PushMX Sales will create native Point files; and both products allow you to import client records from your native Point files; so, no need to double, triple, quadruple-enter client information.  Both products also facilitate real-time communications via both the web portal, and through auto-generated e-mails.

PushMX Production

• Focused on efficiency
• Automated workflows keep your team and your customers on track, and within the new compliance guidelines
• Creates a visual pipeline – color coded alerts will help your team members and your clients know where their loan stands at any given time.
• Structures and automates the workflow of processing loans
• Reporting is a snap – team members can take a snap shot of their pipeline at any time, or the system can generate it automatically and deliver it to your staff’s e-mail box before meetings
• Facilitates transparent collaboration between all members of your team

PushMX Sales

• Focused on opportunity with an industry specific tool
• Applies data mining, structured workflows and automation to your marketing and sales campaigns.
• Helps you “win customers for life”  by providing the right tools to transform the way you do business throughout the customer life cycle.
• Keeps you constantly communicating with your customers via automatically-generated e-mails. Whether it’s the client’s birthday, anniversary, the purchase of their home, or time to refinance … PushMX Sales keeps the conversation going with your clients.
• Tracks all communications you have had with a client, so you stay current with their circumstances.

For more information on this exciting new software interface, please go to: http://www.pushmx.com

Push your pipeline process to the next level; maximize the efficiency, coordination, and communication of your team; do it well and do it all with PushMX.

Historically, in Oregon, a lender could not claim a deficiency judgment on a foreclosure of a primary residence, whether the foreclosure was done judicially or non-judicially.  However, a homeowner with both a first and second Trust Deed could end up with a judgment against him or her following foreclosure of the first Trust Deed.  A foreclosure of the First Trust Deed would wipe out the lien of the second Trust Deed but would not wipe out the debt of the second Trust Deed.  Consequently, assuming that Chase had a first Trust Deed and Bank of America had a second Trust Deed, a foreclosure by Chase would destroy Bank of America's security interest but not the debt, and Bank of America would typically proceed to collect the balance on the Note which had formerly been secured by the second Deed of Trust.

In 2008, the Oregon legislature passed a bill which had the effect of satisfying the debt on the second Trust Deed if the first Trust Deed were foreclosed and both loans were made on the same day by the same bank and were owned by the same bank at the time of foreclosure.  The obvious loop hole for the bank would be to sell off the debt secured by the second Trust Deed and the related security agreement prior to foreclosing on the first.  In the special session held in 2009, the Oregon legislature passed House Bill 3004 which prevents the foreclosing lender from asserting a deficiency or collecting from the borrower for either loan if both loans were made on the same day by the same bank. Under the new law, it doesn't matter who owns the loans on the date of the foreclosure. The lender's remedy is limited to the proceeds of the foreclosure sale or recovery of the property. This is true whether the loans were for the original purchase of the property or for a re-finance.

A party who borrows on a first Trust Deed from a particular bank on a given date and later obtains a HELOC from that bank will not be protected on both loans merely because one is foreclosed.  That is because the loans were not taken out on the same date.  However, a HELOC secured by a Trust Deed which is recorded on the same day as the first Trust Deed is recorded will have the same protection as a typical 80-20 from the same bank on the same day.

The new House Bill is retroactive.  That is, it doesn't matter when the loans were made as long as they are foreclosed after the effective date of the new law which occurred in March of this year.  The jury is still out on whether some lender will challenge the retroactive effect of the law.

Please note that the new law does not address the potentially negative tax consequences of having one's residence foreclosed and the debt forgiven.  However, limited relief is afforded under the Mortgage Forgiveness Debt Relief Act of 2007.

This article written by:

Richard Uffelman
Buckley LeChevallia, Attorneys at Law