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Jim Barnett's Blog
Opinions, Comments and Information on Mortgage & Real Estate Market topics…plus some Coaching…
HARP 2.0 IS HERE! Call today at 623-594-7600!
Underwater on Your Mortgage? Our NEW program can help!
With the new Home Affordable Refinance Program (HARP) loan, you may be able to refinance no matter how upside-down your mortgage is!
Are you worried about making your payments? Would you like to have more cash in your pocket every month? Do you want to try to pay off your loan quicker?
Fannie Mae and Freddie Mac have adopted changes to the Home Affordable Refinance Program (HARP) and you may be eligible to take advantage of these changes. If you currently have a mortgage held by Fannie Mae or Freddie Mac, the HARP II refinance loan can help you lower your interest rate, decrease your monthly payments and help you start turning your finances around.
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Appraisals may be waived
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No LTV/CLTV restrictions on fixed-rate loans of 30 years or less
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Only 620 FICO required
- Loan was sold to Fannie or Freddie before June 1, 2009
If your mortgage is owned or guaranteed by either Freddie Mac or Fannie Mae, you may be eligible to refinance your mortgage under the enhanced and expanded provisions of HARP. The refinance must benefit you in one of four ways:
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Reduction in the borrower’s monthly principal and interest payment
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Reduction in the interest rate
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Reduction in the amortization term
- Movement to a more stable product (i.e., interest-only to fully amortizing, ARM to fixed, 30-year to 15-year, etc.)
Need to find out if you have a Fannie Mae or Freddie Mac owned home loan? Call me today! We have started originating these mortgages! I’m here to help make sure you have a home financing program that works for YOU. Let’s see if the HARP II loan is the solution you’ve been looking for!
Who Qualifies For HARP (Home Approval Refinance Program) in Phoenix, Arizona?
The HARP Refinance is mainly targeted at rewarding homeowners who have been making their payments on time, but can’t qualify for a traditional refinance due to their high loan to value, (the fact that they owe more than 125% of what their property may sell for).
Here are a few of the new HARP Program qualifying guidelines:
•Loan is backed by Fannie Mae or Freddie Mac
•Your current upside down Phoenix mortgage home loan must have been securitized prior to June 1, 2009
•You must be paid on-time for the prior 6 months
•You must be paid on time for 11 of the last 12 months
Get In The Front Of The HARP 2 Refinance Line:
It may be until early March before banks will start accepting applications for HARP Refinances, but the numbers of packages are already stacking up…and if the program is all that we hope it will be for Arizona home owners, there will be a bunch of people running to get through the door.
Your best option is to get everything ready to go so you can be one of the first through the door. Get started by contacting me today. If you are underwater on your mortgage, regardless of whether or not you think you qualify, give me a ring at 623.594.7600 to schedule a strategy session.
My 10 Inner Secrets to Success
In all the studies I’ve read and seminars I’ve attended, plus the career/life coaching I’ve received personally…I’ve been conditioned to know that positive events often come via positive thinking and the applying of those measures in every day practices. Oppositely, society today is conditioned to blame circumstances for our problems. But if this were true, wouldn’t we all be in the exact same circumstance?
The difference between all of us is in the quality of our thoughts and ideas. We can become effective in making changes if we know the underlying factors that govern our lives.
As I thought about this and looked back at my sales career, I took notice of 10 specific keys that I can attribute to my success. They are called inner secrets because you can’t see them, but when you apply them to your life, the possibilities are unlimited.
- Cheerful expectancy: Many of my mentors have used this analogy with me…imagine waking up and seeing a large package at the foot of your bed wrapped in beautiful gold paper with a big red bow tied around it. Guess what’s in there? Today is your gift, and you can make it whatever you want. You choose to focus on the positive or the negative. You can be enthusiastic, eager to do things and happily go about the simple matters of life. Or you can be tired, complain and expect the worst of things. Your approach to your day, family and clients determines what you get back. You may find that your attitude will be infectious and more good will come to you.
- Set a goal and make a plan: After reading Napoleon Hill’s book Think & Grow Rich , I discovered the importance of having a goal and the six steps to setting one. You don’t have to know how to achieve some things; you only must start advancing toward a goal to attract all the people, things and circumstances you need to fulfill it. Build an image of what you want to achieve, make a simple plan and take action.
- Do one proactive thing daily regarding your goal: Vow to do just one thing each day that will move you closer to your goal, and do it before you do anything else that day. Otherwise, one skipped day can turn into a month or year. You must put the urgency into what’s important in your life because no one else will.
- Deliver exceptional value and strive for excellence: Look for how you can give your best in each interaction. But remember: Striving for perfection can be exhausting. Nothing will be perfect. Instead, strive for excellence. Why? Because excellence is a commitment to completion. Complete the unfinished projects around your house and office.
- Build on your successes: Many of us are conditioned to compare our weaknesses to other people’s strengths and our failures to their successes. If that isn’t bad enough, we use our memory to remember everything that didn’t work out – just at the time that we want to step out and do something new. Change that habit by writing out your strengths and playing to them. Congratulate yourself for each new success and use that fabulous energy to create more. Get on the phone and talk to others because they will be excited by your enthusiasm.
- Make decisions: Learning how to make a decision is one of the most powerful things you can do. Once you make a decision, everything you need to make it happen starts to move toward you. Without a decision, it stays away from you. Instead of asking if its right or wrong to do something, it’s far more powerful to ask and answer this question: ”If I do this, will it move me in the direction of my goal or purpose?”
- Take responsibility: Do this for everything happening in your life. Resolve today to stop blaming, complaining or making excuses. People who refuse to accept responsibility for the life they have created also don’t make decisions. Refusing responsibilities and fearing a decision must be overcome to be an effective business leader. Instead, look for your next step to improve the situation.
- Learn constantly: Many people often stop developing themselves. Instead, be someone who is continually learning, be it through workshops, seminars, motivational CDs, books or more. There’s no standing still because the world is constantly changing, and we must stay abreast. If you aren’t willing to invest in yourself, don’t expect anyone else to invest in you.
- Be grateful: I have found that the more gratitude that I have for everything in my life, the better it gets. When something happens, whether we call it good or bad, it’s there because we need it now. There is a message in that experience. Everything is in your life for a reason. If you are unhappy, then you aren’t being grateful.
- Give: We’ve all heard that we must give in order to receive. It’s the absolute truth. But there are many who are trying to get without giving and consequently living a life filled with unhappiness. The way we give is the way we should expect to receive – whether it is how we give our services in business, how we give of ourselves in our friendships and relationships, or how we give back to the community. If people aren’t selling enough, it’s because they aren’t giving enough service.
Forget about what you will gain and focus on what you can give. By giving to others you ultimately are giving to yourself. You’re giving yourself real value. Your world will change quickly.
Borrowers Need to Understand Three Credit-Score Realities
As a mortgage professional, I work with credit reports and credit scores most of my day. They are the lifeline upon which crucial decisions are made in lending. With the climate ever-changing in the housing market, it is important for me to understand how loan modifications, short sales and foreclosures may affect a borrower’s credit. Many distressed clients are turning to me for credit advice – so the more I know, the better I can help.
This is why I’d like to share information that I feel is important for the masses to understand.
Knowing that credit rules the roost is only the beginning. Client need to improve their overall understanding of their own credit, and I typically like to help them by explaining what’s on a credit report and sometimes offering advice about improving credit scores. Credit not only affects how much money mortgage borrowers must put down, but it also affects the rate they will receive.
When former clients are having trouble making their mortgage payment, the second person they often call after their service provider is me…the person who obtained their financing. I often answer questions such as:
- What options do I have?
- What effect will this situation have on my credit score?
- How long until I can get a new mortgage?
Those questions can sometimes be intimidating, but knowing and understanding the answers does arm me with valuable information and adds an important tool to my professional repertoire. I’m not a credit EXPERT, but I did play one on TV…
The three most-likely outcomes for distressed borrowers are
- Loan modifications;
- Short sales; or
- Foreclosures.
All three of the above have a negative impact on borrower’s credit scores. The size of that impact, however, can vary substantially.
Modifications
Most struggling homeowners first will attempt to modify their loan with their current service provider. Loan modifications have been pushed by the federal government through its Making Home Affordable programs, which include the Home Affordable Modification Program (HAMP).
Servicers with loans that Fannie Mae or Freddie Mac own or guarantee must participate in HAMP, and other servicers have been encouraged to follow suit. In addition, proprietary loan-modification products have been introduced to the market.
In theory, decreasing struggling borrowers’ mortgage payments to a manageable amount is great. All borrowers must do is fill out some paperwork and have their payments drop.
There’s at least one problem, however: Many lenders won’t consider modifying borrowers’ loans unless they’re at least 90 days behind on their mortgage (although they don’t ever come right out and say that!). HAMP rules, however, state that mortgage delinquency isn’t a prerequisite to loan modification.
When borrowers miss a mortgage payment for the first time, their credit scores begin to drop. If they continue to miss payments until a modification is complete, their scores continue to fall.
The road to credit-score recovery begins when the modification is complete. Although borrower’s scores may have taken a significant hit during the modification process, their rebound will occur faster than if they had decided to go through with a foreclosure.
Short Sales
When modification attempts don’t work, distressed homeowners will likely seek counsel to sell the house in question. Often, this is when reality has set in that the house is worth much less than the amount owed. In such cases, a short sale may be required.
Short sales typically harm credit scores more than loan modifications but less than foreclosures. A line that appears in the credit report like, “Settled for less than full amount,” likely will be inserted after the short sale. Such a report can subtract 100 points from credit scores.
Homeowners facing short sales also will have seen previous knocks to their credit scores if they were late making any mortgage payments. For those who stayed on top of their payments despite needing to execute a short sale, a 100-point drop could seem fair. Short sales can linger on credit reports for as many as seven years.
Foreclosures
When modification and short sale attempts fail, borrowers typically have one final option: foreclosure. Borrowers who undergo foreclosure will see their credit scores plummet, after the scores are first tarnished by the nonpayment of the mortgage. In most foreclosure scenarios, credit scores continue to decline until the process ends, which could be as long as one to two years.
After the foreclosure hits the report, scores can drop by as much as 200 points. Foreclosures will stay on credit reports for seven years.
According to a recent FICO report, credit scores can dip by as many as 160 points following a foreclosure – not counting late payments (see the Credit-Score Effects sidebar below).
Credit counseling has always been part of my duty as a mortgage professional and I expect that to continue forever. Informing my clients and any distressed homeowners about their options right now in this marketplace is a key to the longevity of their financial profiles. I personally believe homeowners have a right to expect that from the person and/or company who originated their mortgage in the first place.
Hurdles of Home Lending
So I picked up the Wall Street Journal recently and read some snips and bits of an article about a guy finding out the pitfalls of today’s lending environment. Mr. Davis has a nearly perfect credit score, equity in his home, considerable savings and a solid pension plan. But he recently found out that his lender didn’t want to refinance his mortgage. The problem?
Mr. Davis’s income-tax return showed he had taken a loss on an investment he made in a small, family-owned business. That was enough to raise doubts about his otherwise strong financial condition.
Three years after the onset of the mortgage crisis, lenders are continuing to tighten credit standards. The initial moves were a natural reaction for a business badly burned by rising delinquencies and defaults. But conditions are now so tight that lenders are frustrating borrowers who have enviable financial situations but still can’t easily satisfy lenders’ rigid checklists.
This one guy…we’ll call him a Wells Fargo rep (wink wink…’cause he is one) was quoted as saying, “The pendulum may have swung too far the other way.” Really? Tell us something we don’t know Mr. Economist. Jeez…we’ve got Government agencies saying they will do one thing (guidelines) and all the lenders overlaying those policies and guidelines with their own filtration system…sometimes flushing the otherwise clean paper down the toilet. Risk “tolerance” ended long ago in the lending world. Underwriter’s fear for their jobs because of the enormous responsibility they have to their responsible party, which is the end investor who is buying the paper from the originating mortgage company (typically referred to as the servicer of the mortgage). CYA is happening everywhere in this industry.
Some analysts thought that by this point in the business cycle, lenders would have started to relax credit conditions slightly after clamping down on the risky bubble-era practices. Instead, the screws are still tightening. This is partly because lenders are taking every precaution to avoid being forced to buy back loans from mortgage investors Fannie Mae and Freddie Mac in the event of default. If you didn’t know, when a borrower defaults…Fannie and Freddie typically buy the loan out of the mortgage-security pool and pursue a workout or foreclosure. But they can force lenders to repurchase loans when they find flaws in the way they were underwritten. Hence, the underwriter is scared. Repurchases were a minor nuisance when defaults were low but have escalated over the past year.
Fannie and Freddie have already tightened their standards: Borrowers with credit scores above 720 accounted for 85% of all loans purchased by Fannie and Freddie last year. But some banks are being even more stringent to prevent repurchases and want several years of pay stubs, tax returns and other paperwork from potential borrowers.
The Wall Street Journal reports that during the first quarter of this year, Freddie kicked $1.3 billion in loans back to lenders, up from $800 million during the year-earlier period. At Fannie, repurchase requests jumped to $1.8 billion from $1.1 billion one year earlier. To be sure, the government has taken steps to keep mortgage spigots open. FHA still allows down payments as low as 3.5%.
Borrowers who have received standard paychecks and have uncomplicated finances generally aren’t getting tripped up. But others face hurdles, such as self-employed borrowers, for example. They document their incomes with tax returns that include business-related write-offs, which might (almost always) understate their cash flow.
Such caution in lending right now is helping to hold down lending completely, despite the lowest interest rates in more than five decades. Remember Mr. Davis? He thought he was exactly the kind of customer lenders love. He hoped to lower his interest rate to less than 5% from the current 6% through a refinance. But his mortgage broker turned down the application, citing the investment-related loss, which Mr. Davis saw as a minor setback rather than a threat to his financial health. Rather than continuing to shop around for a refinancing, Mr. Davis decided to cash in some of his investments and pay off the mortgage.
People with complicated financial situations can still find some willing lenders, but it takes more persistence than most people want to put forth. Heck, don’t make me tell you the story I heard recently of an arranged refinance for a borrower with a very high credit score and lots of home equity and debt payments totaling just 19% of pretax income. The lender was worried about this client’s credit report showing a $14 missed payment to a credit-card company in 2001. The lender insisted on proof the money had been paid, which was impossible to get. That creditor long disappeared and was out of business anyhow! Who cares? Right? I mean, we’re talking nine years ago and it’s $14! This borrower appeased the lender by writing a $14 check, though no one knew where to send it.
I have a client who is a rookie in the NFL and has a contract in black/white paying him close to seven figures. He and his wife want to purchase a home at the price of $279,000. He has an above 800 credit score and all other parameters are impeccable. The underwriter/bank balked because he was recently put on IR for his team and wouldn’t be on the active 40-man roster at the start of the season. When I got the player’s agent involved to uncover the way contracts are paid when a player is on IR (paid in full by the way) and went back to the underwriter/bank, you know what they said? “Once Player X comes off of the IR, who knows if the team will cut him or not, so we are not willing to take the risk.” Unbelievable.
As companies go out of business and the workforce shrinks…and there are job gaps in employment with potential buyers and borrowers…we’re going to see an awful lot of people whose business disappeared unless the banks learn some flexibility.
Until then though…have your blood and urine samples at the ready!
FHA Statistics…Will Good News Make For Bad Changes?
Recently, the FHA released some interesting stats that puzzled me even, since active legislation has been petitioning and FHA responding to possible changes increasing the monthly premiums with regard to FHA MIP…this shortly after the change in annual premium going back up to 2.25%. I’ll try to keep it to a minimum for all of you. There’s a lot of positive news below, which is of course why new legislation wants to rain on the parade.
FHA believes that the combination of down payment and FICO score is an excellent predictor of loan performance. Below is a chart FHA presented at a March 2010 Congressional Hearing. The numbers are based on an index. Claim rates are roughly 3 times the index value. For example, loans with FICO scores above 680 and LTVs above 95% have an ultimate claim rate of about 4.5% (1.5 x 3), which is very good. Conversely, loans with FICO scores between 580-619 and LTVs above 95% have an ultimate claim rate of about 16.8% (5.6 x 3), which obviously is not very good and the government incurs losses on these loans. It is interesting to note that low down payment loans with FICO scores above 680 (more than 50% of FHA’s recent origination numbers) perform better than all categories of loans with FICO scores below 680 (even loans w/ 10% down payments).
| Loan-to-Value Ratio Ranges | Credit Score Ranges6 | |||
| 500-579 | 580-619 | 620-679 | 680-850 | |
| Up to 90% | 2.6 | 2.5 | 1.9 | 1.0 |
| 90.1 – 95% | 5.9 | 4.7 | 3.8 | 1.7 |
| Above 95% | 8.2 | 5.6 | 3.5 | 1.5 |
FHA loan performance continued to improve in each of its major indicators in May 2010. Here are some of the highlights:
- FHA’s serious delinquency rate for its total portfolio ($860 billion) declined to the lowest level of the fiscal year (8.41%).
- Claims are still running about 30% below projected levels.
- FHA’s serious delinquency rate for loans insured in the last two years (June 2008 – May 2010) has fallen to the lowest level since September 2008.
- Probably even more important, the number of seriously delinquent loans has declined 18% since December 2009.
- FHA’s serious delinquency rate for loans insured in the last year (June 2009 – May 2010) has fallen to the lowest level since this analysis was introduced in December 2009.
- Even more encouraging, the number of seriously delinquent loans insured in the last year has declined 43% since December 2009.
- In May, there were 13,091 seriously delinquent loans. In December, there were 23,712 seriously delinquent loans.
Better loan quality must be the key!
- FHA’s average credit score is 698 in May 2010.
- It was 640 in 2007.
- 58% of FHA borrowers have credit scores over 680 in the first six months of FY 2010.
- FHA loans with credit scores above 680 (even with minimum down payments) perform better than loans with credit scores below 680 even if the loans have 10% down payments.
- In other words, high credit scores are at least the equivalent of a 10% down payment in the FHA program.
- Less than 4% of FHA borrowers have credit scores under 620 in the first six months of FY 2010.
- FHA’s auditors expected at least 16% of FHA’s FY 2010 activity to have credit scores under 620.
Seems encouraging. Probably is. One can wonder. What’s next to get stymied?
Only time will tell…
The Business of Love
I have had a lot on my brain of late. So many changes have happened around the office. Lots of discovery on my end into the endless encounters I seem to have with relationships. Having just celebrated my 29th birthday…okay okay…my 37th birthday, there was a lot of love being spread around by the best wishes for a great day from all of my friends and acquaintances all the way to the cozy love I feel from my family at home. Fact is, for several reasons, I’ve been thinking lately about love and how it acquaints to business in general. I’ve been writing notes for a month on this topic alone…
How do we even answer that question: What’s love got to do with business? It seems fair enough, business after all is about measurable results and love is fuzzy – difficult to define and impossible to weigh. Recently I was on a conference call with my life/business coach Kevin and we were listening to a British woman who was preparing to author a book about love in the boardroom. As she spoke of her research, it simply told a different story. She talked about the days of chivalry, where the “good lords” developed a fondness for their charges, and built highly loyal and effective teams. Later, during the industrial revolution, scale changed all of that. Early industrialists argued that you can’t scale the good lords model. The whole point of capitalism is to scale something into increasing returns for the owners. Love doesn’t scale, but machines and processes do. That’s where I think love was buried…in the model of big business.
When I think about it, it makes sense. Show me someone who wants to build a massive business, and I’ll show you someone that has a hard time finding a role for love in the model. Of course, there are some pretty big organizations (I’m thinking Southwest Airlines, Aveda, etc.) where the founders defied convention and much like the good lords, leveraged engagement of their people into profits (via customer delight).
In my experience, when you show business love, you are sharing your intangibles to promote the other’s growth. You are sharing knowledge, your network of relationships or your compassion to help others grow, end suffering and prosper. You do it with the belief that nice smart people succeed and most of all people reciprocate. This means you have a high degree of faith in human nature’s tendency to give back and love back. This is where it all goes wrong for the modern industrialist. That’s a big bet to make, especially on an entity as unpredictable as humans. You can go Six Sigma and have blind faith in an almost perfect assembly line, but you can’t put people at the center of the business without a slight fear that chaos was around the corner.
You need to find the faith. The norm of reciprocity is as statistically valid as any manufacturing or systematic process ever created. We are a species that reciprocates and gives more to people that truly care about us. Here’s the real problem: Ego. The modern business leader never wants to be wrong about people, because that would be quite ‘personal’. You can make a bad bet on a machine, then blame someone later in the supply chain. Hire someone, groom them for greatness, then have them compete against you in the market? A failure of epic proportions on your part.
Get over it. If you want to test how you will feel about this in your later days, just visit any retirement community and talk to the former biz-folk staying there. Ask them about their managers, reports and vendors. Ask them if they consider them friends, sons, daughters, brothers, etc. To a person, you’ll get a twinkle and a tear, as they explain that some of the greatest relationships of their life happened at work. This is why I love my people in the here and now. I’m not so hungry for scale, that I’m willing to turn humans into objects. I’m not afraid of being wrong about people, perfect is the enemy of good.
Business Relationship…Is It Worth It?
I’ll tell you what…what a heck of a day I just went through. We all have our bad days, but this one could go down as one which requires me to head to anger management class.
Over the years, it’s been pretty easy to use my natural abilities of making others feel at ease and comfortable with their decision making of buying a home, especially first-timers. Not because I’m a good salesman but because of my experiences and depth of knowledge as a certified planner over my career. Adding education to the process enables the buyer to have proper knowledge and helps establish trust in continuation of financing a home. Along the journey of my career, I’ve also developed very loyal partners and business associate relationships as a result of being the professional I am. They are very valuable to me…but the value is in the friendship. You see, I’m the relationship guy. I place people before profit and ensure that others know how much I care about taking good care of them. I surround them in my advisor network with others of the same cloth. In other words, the relationship with people is much more far-reaching than the amount of money I will net on a loan I ever sell. Sometimes this puts me at a disadvantage though. I know what you’re thinking…How could being that guy put you at a disadvantage?
Well, I don’t know if it’s vulnerability or transparency or what…I’ve been taught in my life to be both and as a result, true, meaningful relationships will form. It’s the difference between capturing that one commission vs. knowing if you build the relationship, seven other opportunities will amount from a single person or transaction. My income is a bi-product of that foundation. But have you ever thought that you had a very loyal relationship (partnerships and friendships do often mix and should mix if it’s worth your time!) but then you find out it may be false? Basically I found out today what a negative, critical, cynical, and doubtful person really is and what they look and sound like. It came in the form of a small comment with intent. Privately, I was fighting off my own doubts already based on a couple of other moments I can recall, but pressed forward when they occurred, trying to understand the person. Maybe it could have been a moment and not truly how this person thinks and performs in his own business, or how he feels about me. I tend to look at the positive and the affirmative in most situations. Questioning others, to another, for the sole intent of smearing one’s name, or creating doubt in another relationship that has strength just isn’t great business karma. Heck, it’s not even good life karma. It shows your lack of knowledge, as it did in this case when the person spoke with intent to create doubt. They never spoke the words to me. Instead, the comments of “fees being ridiculous on this loan” were forefront, spoken to a very loyal partner of mine and one that I share a very many happy clients with over the years. Nevermind the buyer’s financial DNA…the less-than-perfect credit score, the 5th home purchase as an investment property, self-employed status, the hard to source personal assets vs. business assets, the buyer chosing to add fees in order to buy-down the interest rate on the loan…I still miraculously got it done after a great many challenges. The fees on the loan were chosen by the buyer as a structure for what was best for his financial DNA. No one else’s. Yet, my integrity was questioned today because a piece of paper showed fees that were above what the commenter thinks is normal. They WERE higher than normal. I was working with a transaction made up of un-normalness! It must mean that I take advantage of buyers and overcharge them, because the best deal must mean that they get NO FEES and a 0% interest rate right? The commenter has no clue about the loan industry or tightness of getting deals to close these days. They breed and foster negativity by spreading propaganda which doesn’t concern them. It shows a very large lack of class, and coming from someone who is a self-appointed leader simply amazes me.
So why did this happen? The best answer I can come up with this evening is the fact that this person chooses to operate his life and business from a price basis. You know, the car salesman? Yet, his fee as a sales agent isn’t questioned…it’s more the norm, an industry standard sort of thing. No one gets to look at his credit score and tell him he’s worth less than 3% because his profile is made up of derogatory information. No one gets to see if he is a profitable agent to determine whether worthy of his total commission. Yet, he doesn’t know the meaning of the word trust. The fees on this loan had nothing to do with what commission I made. It had everything to do with the client DNA I previously mentioned. The client was very happy, his agent was fully involved and informed along the way and although some tight guidelines made us sweat a couple of times, we closed the transaction on time (in fact, would’ve closed days in advance if the buyer was a local resident).
Today, deep down, I know I did right by my client. My client knows I did right by him. My agent knows too and never questions my integrity because of the trust and assuring she receives in return of handling her clients with special care. But also today, I found out the amount of energy I provide, the amount of time I invest, the total commitment to excellence I stand for, the amount of money I spend, and the priority I put on one particular relationship with an individual was all a waste of time and certainly not worth it.
I don’t know what spurns me to write this. I am supposed to live with the virtue of forgiveness but it’s hard for me tonight. I have much to be grateful for in my life, and often I turn the other cheek to such things. Too often, too many people spend their days blaming others or nurturing grudges, or planning retribution. I don’t like it when my integrity is questioned. It’s never happened before…this is all new to me so it has upset me. It doesn’t feel good. But I know this: I have integrity. Men and women of integrity understand intrinsically that theirs is the precious right to hold their heads in the sunlight of truth, unashamed before anyone.
So I will do that instead.
Need to contact Jim?
877-594-7600
Jim.Barnett@WJBradley.com
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