Sunday, June 9, 2013

Buyer, Seller or Borrower out of town for their closing? Make sure ...

Three ?things every Realtor and Lender should know about Power of Attorney documents (also commonly known as ?POA?):

#1: 99% of Power of Attorneys are prepared incorrectly and not suitable for closing unless they were prepared by the title company or real estate attorney handling the actual closing.

#2: ?99% of title companies and real estate attorneys will not accept a power of attorney for the signing of any deed by a seller. The criteria in Florida are very stringent for valid POA deed signings and most companies won?t take the risk.

#3: 99% of banks wont allow a Power of Attorney signing on a loan document. If they do allow it, the Power of Attorney will have to be approved by lender?s legal counsel far in advance of closing.

Here is a real world example of a POA that won?t work for a real transaction:

incorrectly prepared POA

For a Power of Attorney to work for a real estate transaction, it must contain the following essential elements:

  • The Principal-Grantor(s) full legal name, mailing address and marital status
  • Full legal name and mailing address of designated Attorney-in-fact (?the POA?)
  • Full legal description of the property being purchased or refinanced from the title commitment
  • Specific powers being granted to the Power of Attorney (i.e. signing mortgage, note, HUD, affidavits, etc.)
  • expiration date, if applicable
  • Two witnesses
  • Notarized
  • If any of the documents will be recorded in public record, the Power of Attorney must also contain as per Florida law, an Attorney in Fact Affidavit.

If your buyer has not yet selected a specific property??and is leaving town- NOT A PROBLEM! The Power of Attorney can contain all the above elements and state ?exhibit A? for the legal description which can be added to document once a property has been selected! A flexible, simple and effective solution.

Need a Power of Attorney prepared? Download our Power of Attorney Order Form?and we will get it done for you!

Please contact info@theclosingcompany.net ?or call 305-271-0100?701 for more information.

Legal disclaimer: I am not an attorney and I am not providing legal advice. I am not a Certified Public Accountant and am not providing tax advice. ?Please?consult with a licensed Attorney for legal advice or before signing any legal documents. Please consult with a CPA for tax planning and tax advice.

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Source: http://www.theclosingcompany.net/blog/buyer-seller-or-borrower-out-of-town-for-their-closing-make-sure-that-power-of-attorney-will-cut-it/

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Familiar names highlight Day 2 of baseball draft

By DENNIS WASZAK Jr.

AP Sports Writer

Associated Press Sports

updated 7:14 p.m. ET June 7, 2013

NEW YORK (AP) - The New York Mets found a familiar name during the second day of the Major League Baseball draft.

University of Connecticut infielder L.J. Mazzilli, son of Lee, was drafted by the Mets in the fourth round Friday - 40 years after the elder Mazzilli was a first-round pick of New York.

L.J. Mazzilli helped lead the Huskies to the Big East tournament title and an automatic berth to the NCAA tournament. He hit a team-best .354 with six home runs, 51 RBIs and 29 stolen bases.

The Yankees also went after famous bloodlines, drafting University of Michigan outfielder Michael O'Neill, nephew of Paul, in the third round.

"Congrats to my nephew Michael O'Neill," Paul O'Neill wrote on his Twitter page. "Drafted by the Yankees today!!!"

It's the second time Michael O'Neill was drafted by the Yankees after being selected by them in the 42nd round out of high school in 2010. He led the Wolverines in batting average (.356), slugging percentage (.498), on-base percentage (.396), runs scored (46), hits (85), doubles (17), home runs (5) and stolen bases (23) this season.

Coastal Carolina outfielder Jacob May, son of Lee May Jr. and grandson of Lee May, was also selected in the third round by the Chicago White Sox.

Northwestern right-hander Luke Farrell, son of Red Sox manager John Farrell, was drafted by the Kansas City Royals in the sixth round.

Georgia Tech outfielder Kyle Wren was taken in the eighth round by the Atlanta Braves, whose general manager is his father Frank.

Cal State Fullerton catcher Chad Wallach, the son of former All-Star third baseman Tim Wallach, was drafted in the fifth round by the Miami Marlins.

The wait finally ended for Jon Denney, an Oklahoma high school catcher who was drafted 81st overall by Boston after being the only one of nine prospects in attendance at the draft site at MLB Network Studios in Secaucus, N.J., on Thursday night not selected.

"This is awesome," Denney wrote on Twitter shortly after being drafted. "I have been a Red Sox fan my whole life! Ever since I started watching MLB baseball, now I'm a part of their organization!"

Rounds 3-10 were held via conference call with each team, with rounds 11-40 to be completed Saturday.

Houston selected Stanford pitcher Mark Appel with the No. 1 overall pick Thursday night. The Astros opened the second day by taking another college pitcher, drafting University of North Carolina left-hander Kent Emanuel with the first pick of the third round.

? 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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All about his legacy

The story of Major League Baseball potentially handing out mass suspensions to alleged PED users is not about the players, nor their dealer, Tony Bosch. It's about a man named Allan Huber (Bud) Selig.

Source: http://nbcsports.msnbc.com/id/47699445/ns/sports-baseball/

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Saturday, June 8, 2013

Judge orders inquiry in Paris Jackson wellbeing

LOS ANGELES (AP) ? An investigation into Paris Jackson's well-being has been ordered by a judge overseeing the guardianship of Michael Jackson's three children, court records show.

Superior Court Judge Mitchell Beckloff ordered an investigator to look into Paris Jackson's health, education and welfare and recommend whether any changes are necessary on Thursday, one day after she was taken by ambulance from her family's home and hospitalized.

Authorities have said they were dispatched to the home on a report of a possible overdose, but have not released any additional details.

"There have been communications between the court and counsel and we're completely supportive of the court's actions," Katherine Jackson's attorney, Perry Sanders Jr., said Friday.

He has said the 15-year-old is physically fine and receiving appropriate medical treatment. He declined further comment on her health status Friday.

Beckloff issued a similar inquiry into the well-being of Michael Jackson's three children, Prince, Paris and Blanket, last year after an incident in which Katherine Jackson was out of communication with them for several days. The Jackson family matriarch had been taken by some of her children to a resort in Arizona, prompting an agreement that led to another guardian being temporarily instated.

Tito Jackson's son, TJ, was appointed co-guardian over the children.

"This is standard protocol in a high profile case," his attorney Charles Shultz wrote in an email. "The court is doing what we fully expected the court to do."

An attorney for Jackson's estate said it would assist Katherine and TJ Jackson however necessary to help Paris Jackson.

"The estate will work with Paris's guardians to provide whatever is required for her best interests," estate attorney Howard Weitzman wrote in a statement. "We are totally and completely supportive of Paris as her well-being is our foremost concern."

The earlier report to Beckloff was not made public, although he has stated that he believed Katherine Jackson was doing a good job of raising her son's children.

Beckloff's order requires an investigator to prepare a report that only he will be allowed to review. He did not include instructions on how the review should occur or when the report was due. Last year, Beckloff required an investigator to interview each of the children separately.

The filing was first reported Friday by celebrity website TMZ.

___

Anthony McCartney can be reached at http://twitter.com/mccartneyAP

Source: http://news.yahoo.com/judge-orders-inquiry-paris-jackson-wellbeing-200717197.html

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Italy must stand up to Germany, Berlusconi says

ROME (Reuters) - Silvio Berlusconi urged Italian Prime Minister Enrico Letta on Friday to seek a "test of strength" with Germany, saying budget austerity imposed by Berlin was killing Italian companies and putting the euro zone at risk.

Italy's economy is mired in a recession that has been dragging on since mid-2011, driving up unemployment and forcing the closure of thousands of companies.

Germany, Europe's biggest economy, has resisted calls to loosen budgetary constraints on southern European countries.

Berlusconi's comments underline the challenge facing Letta, whose fragile left-right coalition depends on support from the media tycoon's centre-right People of Freedom party but who must also balance commitments made to Italy's European partners.

In remarks published in the political daily Il Foglio, former premier Berlusconi said Europe needed "decisively expansive" economic policies to prevent the single currency being destabilized.

"The government has to seek a test of strength without creating a big outcry but with great resolution, with the aim of convincing countries in Europe and particularly Angela Merkel's Germany that we face a stark choice," the billionaire said.

"Either our voice is heard strongly and clearly or the government will lose the popular legitimacy which national unity, in support of a grand coalition, guarantees it," he said.

Italy, struggling with a public debt of more than 130 percent of gross domestic product despite repeated rounds of tax hikes and spending cuts, has record jobless levels and a youth unemployment rate of about 40 percent.

Letta has called for greater emphasis on stimulating economic growth but he has also pledged to maintain Italy's strict budgetary targets, keeping the public deficit below 3 percent of gross domestic product.

Berlusconi's remarks were the latest in a series of barbs directed against Germany. He said Italy could not accept seeing its companies forced out of business, move abroad or be obliged to "restructure to the point of destruction".

"An Italy which loses weight and wealth beyond what we have lost already, ready to be auctioned off through the domineering methods of those in a position of strength ... is not acceptable," he said.

(Reporting By James Mackenzie; Editing by Pravin Char)

Source: http://news.yahoo.com/italy-must-stand-germany-berlusconi-says-102048230.html

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What you should know about NSA phone data program

A sign stands outside the National Security Administration (NSA) campus in Fort Meade, Md., Thursday, June 6, 2013. The Obama administration on Thursday defended the National Security Agency's need to collect telephone records of U.S. citizens, calling such information "a critical tool in protecting the nation from terrorist threats." (AP Photo/Patrick Semansky)

A sign stands outside the National Security Administration (NSA) campus in Fort Meade, Md., Thursday, June 6, 2013. The Obama administration on Thursday defended the National Security Agency's need to collect telephone records of U.S. citizens, calling such information "a critical tool in protecting the nation from terrorist threats." (AP Photo/Patrick Semansky)

This undated US government photo shows an aerial view of the National Security Agency (NSA) in Fort Meade, Md. The Obama administration on Thursday defended the National Security Agency's need to collect telephone records of U.S. citizens, calling such information "a critical tool in protecting the nation from terrorist threats." (AP Photo/US Government)

FILE - In this Wednesday, Oct. 17, 2012, file photo, customers walk into a Verizon Wireless store in Dallas. The Obama administration on Thursday, June 6, 2013, defended the government's need to collect telephone records of American citizens, calling such information "a critical tool in protecting the nation from terrorist threats." Britain's Guardian newspaper reported that the NSA has been collecting the telephone records of millions of Verizon customers under a top secret court order. (AP Photo/LM Otero, File)

(AP) ? The government knows who you're calling.

Every day. Every call.

Here's what you need to know about the secret program and how it works:

___

Q: What happened and why is it a big deal?

A: The Guardian newspaper published a highly classified April U.S. court order that allows the government access to all of Verizon's phone records on a daily basis, for both domestic and international calls. That doesn't mean the government is listening in, and the National Security Agency did not receive the names and addresses of customers. But it did receive all phone numbers with outgoing or incoming calls, as well as the unique electronic numbers that identify cellphones. That means the government knows which phones are being used, even if customers change their numbers.

This is the first tangible evidence of the scope of a domestic surveillance program that has existed for years but has been discussed only in generalities. It proves that, in the name of national security, the government sweeps up the call records of Americans who have no known ties to terrorists or criminals.

___

Q: How is this different from the NSA wiretapping that was going on under President George W. Bush?

A: In 2005, The New York Times revealed that Bush had signed a secret order allowing the NSA to eavesdrop on Americans without court approval, a seismic shift in policy for an agency that had previously been prohibited from spying domestically. The exact scope of that program has never been known, but it allowed the NSA to monitor phone calls and emails. After it became public, the Bush administration dubbed it the "Terrorist Surveillance Program" and said it was a critical tool in protecting the United States from attack.

"The NSA program is narrowly focused, aimed only at international calls and targeted at al-Qaida and related groups," the Justice Department said at the time.

But while wiretapping got all the attention, the government was also collecting call logs from American phone companies as part of that program, a U.S. official said Thursday. After the wiretapping controversy, the collection of call records continued, albeit with court approval. That's what we're seeing in the newly released court document: a judge's authorization for something that began years ago with no court oversight.

___

Q: Why does the government even want my phone records?

A: They're not interested in your records, in all likelihood, but your calls make up the background noise of the global phone system.

Look at your monthly phone bill, and you'll see patterns: calls home as you leave work, food delivery orders on Friday nights, that once-a-week call to mom and dad.

It's like that, except on a monumentally bigger scale.

The classified court ruling doesn't say what the NSA intends to do with your records. But armed with the nation's phone logs, the agency's computers have the ability to identify what normal call behavior looks like. And, with powerful computers, it would be possible to compare the entire database against computer models the government believes show what terrorist calling patterns look like.

Further analysis could identify what are known in intelligence circles as "communities of interest" ? the networks of people who are in contact with targets or suspicious phone numbers.

Over time, the records also become a valuable archive. When officials discover a new phone number linked to a suspected terrorist, they can consult the records to see who called that number in the preceding months or years.

Once the government has narrowed its focus on phone numbers it believes are tied to terrorism or foreign governments, it can go back to the court with a wiretap request. That allows the government to monitor the calls in real time, record them and store them indefinitely.

___

Q: Why just Verizon?

A: It's probably not. A former U.S. intelligence official familiar with the NSA program says that records from all U.S. phone companies would be seized, and that they would include business and residential numbers. Only the court order involving Verizon has been made public.

In 2006, USA Today reported that the NSA was secretly collecting the phone call records of tens of millions of Americans. The newspaper identified phone companies that cooperated in that effort. The newspaper ultimately distanced itself from that report after some phone companies denied being part of such a government program.

The court document published by The Guardian, however, offers credence to the original USA Today story, which declared: "The NSA program reaches into homes and businesses across the nation by amassing information about the calls of ordinary Americans ? most of whom aren't suspected of any crime."

___

Q: But in this case, a judge approved it. Does that mean someone had to show probable cause that a crime was being committed?

A: No. The seizure was authorized by the Foreign Intelligence Surveillance Court, which operates under very different rules from a typical court. Probable cause is not required.

The court was created by the Foreign Intelligence Surveillance Act of 1978 and is known in intelligence circles as the FISA court. Judges appointed by the president hear secret evidence and authorize wiretapping, search warrants and other clandestine efforts to monitor suspected or known spies and terrorists.

For decades, the court was located in a secure area at Justice Department headquarters. While prosecutors in criminal cases must come to court seeking subpoenas, the FISA judges came to the Justice Department. That changed in 2008 with the construction of a new FISA court inside the U.S. District Court in Washington. The courtroom is essentially a vault, designed to prevent anyone from eavesdropping on what goes on inside.

In this instance, Judge Roger Vinson authorized the NSA to seize the phone records under a provision in the USA Patriot Act, which passed shortly after the Sept. 11, 2001, attacks and vastly expanded the government's ability to collect information on Americans.

___

Q: If not probable cause, what standard did the government use in this case?

A: The judge relied on one of the most controversial aspects of the Patriot Act: Section 215, which became known colloquially as the "library records provision" because it allowed the government to seize a wide range of documents, including library records. Under that provision, the government must show that there are "reasonable grounds to believe" that the records are relevant to an investigation intended to "protect against international terrorism or clandestine intelligence activities."

Exactly what "relevant" meant has been unclear. With the release of the classified court order, the public can see for the first time that everyone's phone records are relevant.

The Justice Department has staunchly defended Section 215, saying it was narrowly written and has safeguarded liberties.

Some in Congress, however, have been sounding alarms about it for years. Though they are prohibited from revealing what they know about the surveillance programs, Democratic Sens. Ron Wyden of Oregon and Mark Udall or Colorado have said the government's interpretation of the law has gone far beyond what the public believes.

"We believe most Americans would be stunned to learn the details of how these secret court opinions have interpreted section 215 of the Patriot Act," the senators wrote in a letter to Attorney General Eric Holder last year.

___

Q: Why don't others in Congress seem that upset about all this?

A: Many members of Congress have known this was going on for years. While Americans might be surprised to see, in writing, an authorization to sweep up their phone records, that's old news to many in Congress.

"Everyone should just calm down and understand that this isn't anything that's brand new," Senate Majority Leader Harry Reid, D-Nev., said Thursday. "It's been going on for some seven years."

Senate Intelligence Committee Chairman Dianne Feinstein, D-Calif., and Vice Chairman Saxby Chambliss issued a similar statement:

"The executive branch's use of this authority has been briefed extensively to the Senate and House Intelligence and Judiciary Committees, and detailed information has been made available to all members of Congress."

___

Q: What does the Obama administration have to say about this?

A: So far, very little. Despite campaigning against Bush's counterterrorism efforts, President Barack Obama has continued many of the most controversial ones including, it is now clear, widespread monitoring of American phone records.

The NSA is particularly reluctant to discuss its programs. Even as it has secretly collected millions of phone records, it has tried to cultivate an image that it was not in the domestic surveillance business.

In March, for instance, NSA spokeswoman Vanee Vines, emailed an Associated Press reporter about a story that described the NSA as a monitor of worldwide internet data and phone calls.

"NSA collects, monitors, and analyzes a variety of (asterisk)(asterisk)(asterisk)FOREIGN(asterisk)(asterisk)(asterisk) signals and communications for indications of threats to the United States and for information of value to the U.S. government," she wrote. " (asterisk)(asterisk)(asterisk)FOREIGN(asterisk)(asterisk)(asterisk) is the operative word. NSA is not an indiscriminate vacuum, collecting anything and everything."

___

Q: Why hasn't anyone sued over this? Can I?

A: People have sued. But challenging the legality of secret wiretaps is difficult because, in order to sue, you have to know you've been wiretapped. In 2006, for instance, a federal judge in Detroit declared the NSA warrantless wiretapping program unconstitutional. But the ruling was overturned when an appeals court that said the plaintiffs ? civil rights groups, lawyers and scholars ? didn't have the authority to sue because they couldn't prove they were wiretapped.

Court challenges have also run up against the government's ability to torpedo lawsuits that could jeopardize state secrets.

The recent release of the classified court document is sure to trigger a new lawsuit in the name of Verizon customers whose records were seized. But now that the surveillance program is under the supervision of the FISA court and a warrant was issued, a court challenge is more difficult.

Suing Verizon would also be difficult. A lawsuit against AT&T failed because Congress granted telecommunications companies retroactive immunity for cooperating with warrantless surveillance. In this instance, Verizon was under a court order to provide the records to the government, making a lawsuit against the company challenging.

___

Q: Can the government read my emails?

A: Not under this court order, but it's not clear whether the NSA is monitoring email content as part of this program.

In 2006, former AT&T technician Mark Klein described in federal court papers how a "splitter" device in San Francisco siphoned millions of Americans' Internet traffic to the NSA. That probably included data sent to or from AT&T Internet subscribers, such as emails and the websites they visited.

Most email messages are sent through the Internet in "plain-text" form, meaning they aren't encrypted and anyone with the right tools can view their contents. Similar to an old-fashioned envelope and letter, every email contains details about whom it's from and where it's supposed to go.

Unlike postal letters, those details can include information that can be linked to a subscriber's billing account, even if he or she wants to remain anonymous.

In May 2012, Wyden and Udall asked the NSA how many people inside the United States had their communications "collected or reviewed."

The intelligence community's inspector general, I. Charles McCullough III, told the senators that providing such an estimate "would likely impede the NSA's mission" and "violate the privacy of U.S. persons."

___

Associated Press writers Jack Gillum and Lara Jakes contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-06-06-NSA-Phone%20Records-QandA/id-503fa4acbeb841ae9d912628e35f5752

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