Food & Gift Drive for HomeAid

In honor of National Homelessness Awareness Week, the Professional Women in Building of the Building Industry Association gathered up four truckloads of food and gifts to benefit HomeAid Northern California shelters.  The shelters included Mission Solano of Fairfield, Shepherd’s Gate of Livermore and Shelter, Inc. of Martinez.

HomeAid was created and is supported by the building industry to address and solve the problem of homelessness.  They are the largest provider of housing for this cause in the Country.  The mission is to build and maintain dignified housing where homeless families and individuals can rebuild their lives.   HomeAid is the only organization of its type that utilizes professional management and construction personnel to build the projects and the only one able to generate significant leverage as a result of the donations of the homebuilding industry and contractors.

Cyndi Fazzio of Mason-McDuffie Mortgage is not only on the Board of the PWB, but was also the co-chair of this year’s food and gift drive, along with Nadia Costa from Miller Starr Regalia.  Margie Carino and Amy Stephens, also from Mason-McDuffie Mortgage joined Cyndi as volunteers in the last few weeks to gather, sort and distribute all the collected goods.

The Week Ahead – Bill Godfrey, EVP Capital Markets

Headline News and Market Report

“Bond Market News and Perspective for Mortgage Professionals”

Monday, October 24, 2011

No Economic Indicators are scheduled for release today.

Treasury 30-Year Bonds Gain as Europeans Struggle to Resolve Debt Crisis  U.S. 30-year bonds ended a four-day decline after European policy makers ruled out tapping the central bank to boost a rescue fund for indebted nations as they struggle to resolve the region’s debt woes.

Home Lending Revamp Planned   Federal regulators unveiled a major overhaul of an underused mortgage-refinance program designed to help millions of Americans whose home values have tumbled.

Fannie Mortgage Bonds Slump on Change of Refinancing Guidelines  the Federal Housing Finance Agency announced for the GSE refinancing program affecting so-called underwater borrowers.

U.S. Mortgage Fixes Won’t ‘Shock and Awe’ Economy   President Barack Obama, who tours foreclosure-ravaged Nevada and California this week, may face homeowners demanding bolder action as regulators prepare to release details of new housing proposals as early as this week.

Europe Puts Severe Options on Table   European leaders took their first steps toward a new plan to stem the euro crisis, admitting that their last grand plan, agreed to only three months ago, has failed.