CHAPTER 45 Which Piece is in Foreclosure?

6 0 0

copyright 2015 Chris Smith All rights reserved.

I was awakened by a call from my Parents just as I was finishing my White Light therapy meditation. They had gotten a call first thing that morning from one of our neighbors, Lisa, who had read an article in the Sunday morning newspaper that mentioned my Dad. The article was about the veteran's interview my Dad had done a few days earlier.

"Wow. That's amazing!" I said.

"That's what we thought," said my Dad.

"I had no idea it would be out so fast. I figured it would be a couple weeks or something."

"Yeah, that's what we thought too. Lisa said she and Gavin [her husband] thought it was great what I was doing with veterans. And that she was cutting out the article and putting it in the mail to us."

"Wow. That's just so amazing. It will be interesting to see what happens from that."

"We're in shock too. Who knows what might come of it!"

We hung on to hope by our fingernails. We looked for anything that could take us out of our struggle and into our Dreams. We hoped and prayed for that something every moment of our day now. Some inkling or glimmer of it that would lead us to our inevitable success.

Sunday brought more of the same traffic of prospective buyers for Parcel A to the Farm. Sometimes I could hear the discussions through the orchard.

"Well which piece is in foreclosure?"

"I don't know."

"I wonder if the other houses are? Let's go take a walk over and look."

People poking around on our Farm was really hard to get used to. I didn't like it. Plus a part of me thought of them as scavengers, coming to find the crumbs of other people's despair. I guess that was life though. It was certainly nature. Nature didn't pull any punches.

I was always amused by people who professed that nature was a calm and nurturing thing. All you have to do was watch a documentary about wolves or butterflies in the wilderness, and you know nature is brutal.

Live or die, kill or be killed, adapt and survive or perish. There was very little, if any, peaceful middle ground in nature. Sure it's peaceful to sit out in the forest and listen to animals and look up at the sky. Just be sure you can get back home safely too, otherwise something might take a bite out of you.

I finished my three-day mud program for my eye. Not two minutes after I put the special mud around my eye, it started tearing up. The mud concoction was helping to pull all the gunk through and push it out of my body. When I was finished, my eye had opened up and cleared. It felt a lot better too. Thank my stars!

None of the interlopers on our Farm knew where they were going. Most of them came through the wrong gate, and drove around Parcel B, pointing all the while, before going down to the old house on Parcel A, the A-Frame.

They had no idea where the boundaries were either. I watched them while they stood in the main yard of the A-Frame, pointing out into my Mom's orchard, imagining what it would be like to have it all theirs. They probably thought the whole fenced yard for the A-Frame was part of Parcel A. But of course they'd be dead wrong.

I started to get rushes of anxiety and fear every time someone drove by my house, which was a lot compared to what it normally was. Normally there were no cars driving around, and no people really either. Normally it was quiet and peaceful.

But those days were long gone now.


"Fannie Mae reports a loss of $23.2 billion for the first quarter of 2009. The Director of the Federal Housing Finance Agency (FHFA), which has been conservator of Fannie Mae since September 6, 2008, requests $19 billion from the U.S. Treasury Department under the terms of the Senior Preferred Stock Purchase Agreement between Fannie Mae and the Treasury to eliminate the firm's net worth deficit. Separately, on May 6, 2009, the Treasury Department and the FHFA enter into an amendment to the Senior Preferred Stock Purchase Agreement to increase the Treasury's funding commitment to Fannie Mae to $200 billion from $100 billion, increase the allowed size of Fannie Mae's mortgage portfolio to $900 billion, and to increase the firm's allowable debt outstanding to $1,080 billion."

Fannie Mae Press Release

May 2009

Fact: "Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with a mission to provide liquidity, stability and affordability to the U.S. housing and mortgage markets. Fannie Mae operates in the U.S. secondary mortgage market. Rather than making home loans directly to consumers, we work with mortgage bankers, brokers and other primary mortgage market partners to help ensure they have funds to lend to home buyers at affordable rates. We fund our mortgage investments primarily by issuing debt securities in the domestic and international capital markets. Fannie Mae was established as a federal agency in 1938, and was chartered by Congress in 1968 as a private shareholder-owned company. On September 6, 2008, Director James Lockhart of the Federal Housing Finance Agency (FHFA) appointed FHFA as conservator of Fannie Mae. In September 2008, we also entered into an agreement with the U.S. Department of Treasury that was most recently amended in December 2009. Under the agreement, Treasury will provide us with capital as needed to correct any net worth deficiencies that we record in any quarter through 2012. The agreement is intended to ensure that we are able to continue providing liquidity and stability to the housing and mortgage markets."


A TASTE OF DESTRUCTION Book 1 (EDITING) is the juice worth the squeeze seriesRead this story for FREE!