Quarterly News Homes & Money updates for the 2013 fourth quarter provided by Irfan Nazir PacWest Home Loans

1. 4th Quarter
Mortgage News
The Government Shutdown and Housing
Irfan Nazir
License:289598
Senior Vice President
Pac West Home Loans
Phone: 909-786-6763
Fax 866-809-6206
www.pwhomeloans.com
Did You Know?
Government shutdowns don't actually
save taxpayers money. The last
shutdown, in 1995, cost the nation
approximately $1.4 billion.
One Hit Wonders Mash-Up
Know your pop music trivia?
Try matching up the artists
below to their songs, pulled
from the social news site,
Reddit, and its Top 100 One
Hit Wonders list:
1. Biz Markie
2. Semisonic
3. Chumbawamba
4. Dexys Midnight
Runners
5. Haddaway
6. Lou Bega
7. The
Proclaimers
8. The Knack
9. Tommy Tutone
10. Toni Basil
11. A Flock
of Seagulls
A. "Mickey"
B. "My Sharona"
C. "What is Love"
D. "Just a Friend"
E. "Tubthumping"
F. "867-5309"
G. "Come on
Eileen"
H. "Closing Time"
I. "I'm Gonna Be
(500 Miles)"
J. "Mambo No. 5"
K. "I Ran"
See the last page for answers.
The government shutdown ended October 17 due
to the House's last-minute budget deal to extend
the debt-ceiling deadline. Had a deal not been
struck, the government risked defaulting on loan
payments and causing shock waves in global
markets.
Overcoming the differences over policies in
"ObamaCare," also known as the Affordable Care
Act, a deal was struck which resumes
government funding until January 15, and extends
the debt ceiling until February 7, 2014. This
means that House talks may be necessary to
avoid repeat scenarios.
Government sponsored loan programs such as Federal Housing Administration (FHA) and
Veteran's Affairs (VA) loans didn't see much interruption to processes during the shutdown,
however rural-property USDA and flood zone FEMA loans were halted entirely.
(Continued on next page)
Finance News
How to Make Free Calls
Software and apps you can install on your computer or smart phone can help you save
money on calls.
By Cameron Huddleston, Kiplinger.com
You've likely heard that ditching your landline is a
good money-saving move. But if you're relying on
your mobile phone to make all your calls, you
might have to pay more to get unlimited minutes.
So to keep costs down, consider using a free
Internet calling service. There are several you can
download to your computer, smart phone or
tablet. These services also are ideal for people
who make international calls and for college
students who want to keep in touch with friends
and families. Because they're free, you can try out
all of the services below to see which works best
for you.
Skype. To use Skype, you need an Internet
connection and a computer or mobile device with a microphone and speakers. It only takes a few
minutes to install it and create an account with a username that will serve as your contact
information (rather than a phone number). Then you can make free voice and video calls (if you
have a webcam) to other Skype users. You also can use Skype for instant messaging and file
sharing.
(Continued on next page)

2. 4th Quarter
Book Review
Wild: From Lost to Found on the Pacific
Crest Trail
By Cheryl Strayed
In the aftermath of her
mother's death,
Cheryl's life has
unraveled for four
years and nothing is
left. With her family
set adrift, her
marriage at an end,
and nearly addicted to
heroin at 26-years
old, she makes an
impulsive decision
that will alter the course of her life forever: to
hike the more than one thousand miles of
the Pacific Crest Trail, from the Mojave
Desert of California to the border between
Oregon and Washington State–and she will
do it all by herself, even though she's
de-toxing, out of shape, and has no trail
experience.
With unflinching honesty, style, and unusual
vulnerability, Cheryl Strayed has created a
vivid memoir of her journey. Wild carries you
along that journey through the eyes of a
young woman who has seemingly lost
everything, but still hopes to find an answer
to the meaning of her life out on the
trail...and does!
Wild is soon to be a major motion picture
starring Reese Witherspoon, is part of the
esteemed line-up of Oprah's Book Club
selections, was a winner of Best Nonfiction
Book from The Boston Globe and
Entertainment Weekly, and was named Best
Book of the Year by NPR, St. Louis
Dispatch, and Vogue.
It has garnered an impressive average
4-stars from reader reviews and may be
purchased from Amazon.com.
Quote of the Day
"Journalism is unreadable,
and literature is not read."
– Oscar Wilde, The Critic as
Artist
Mortgage News (Continued from cover)
In its recent meetings of the Federal Open
Market Committee, the Fed decided not to taper
its bond purchases due to recent economic
reports that were worse than expected. Tapering
would begin only if the economy shows more
robust signs of recovery. Fed Chairman Ben
Bernanke stated that tapering could "possibly"
come later this year but that depends on the
nation's post-shutdown economic health prior to
February 7, and what Bernanke's likely
successor, the Fed Chairman nominee Janet
Yellen, wants to do.
Due to the government shutdown, September's employment report was delayed several
weeks. When the report was finally released, it showed that 148,000 new jobs were
created in September, below the 183,000 expected. For July and August, the numbers
were revised higher by a total of 9,000 jobs. The Labor Force Participation Rate, a
measure of how many people are looking for work, was unchanged at 63.2 percent
after falling in August to a 35-year low.
Finally, the housing market continues to improve despite the recent rise in home loan
rates. Existing Home Prices were up by 14.7 percent annually in August. This marks
the eighteenth consecutive month of year-over-year price gains.
Finance News (Continued from cover)
Viber. Unlike Skype, Viber doesn't require you to
create an account with a username. Instead, it uses
your mobile phone number. So you must first install it
on your smart phone. Then you can install it on your
computer if you want. In addition to free voice and
video calls, Viber offers free text and photo messaging
and location sharing with other Viber users. Just make
sure you use a Wi-Fi connection rather than 3G so
you don't use your phone's data.
Vonage Mobile. This relatively new Android and iPhone app lets users make free voice
and video calls and send free text messages to others with the app. You also can use it
to make free calls to Vonage home phone customers. Like Viber, it uses your mobile
phone number as your caller ID.
Reprinted with permission. All Contents ©2013 The Kiplinger Washington
Editors. www.kiplinger.com.
Home News
5 Household Products You Should Never Mix
1. Bleach + Vinegar = Chlorine Gas
Weak acid, such as vinegar, should never be added to
bleach because it will release toxic chlorine and chloramine
vapors, which can chemically burn your eyes and also your
lungs.
(Continued on next page)

3. 4th Quarter
2. Ammonia + Bleach = Chloramine Vapor
Many cleaning products contain ingredients not referred to in the brand name, so check
the labels before mixing and cleaning. If ammonia is present in excess and mixed with
bleach, potentially explosive liquid hydrazine may be formed. Even its vapors could
lead to death.
3. Different Battery Brands = Corrosion
It's not well known, but different battery brands can contain different chemicals and
even different voltage outputs that conflict with each other. If one battery dies, the other
could continue discharging electricity and cause a leak that would damage or ruin
electronics.
4. Medicine + Grapefruit Juice = Adverse Effects
All pharmaceuticals, whether over-the-counter or prescription, when mixed with
grapefruit juice can cause increased absorption, turning a normal dose into a lethal
overdose.
5. Acetaminophen + Alcohol = Irreversible Liver Damage
Even in moderation–or as a morning hangover cure–alcohol and acetaminophen don't
mix...the combination of chemicals could cause lethal liver damage. Nearly 200 deaths
each year are attributed to this combination.
Street Smarts
Avoiding Surgery Mistakes
While surgeons and hospital staff are ultimately
responsible for verifying the surgical procedures they
perform are correct–they still occasionally make
mistakes. Therefore, it's crucial for you to be the
"back-stop" for your own surgical procedures, or that of
your loved ones. The Joint Commission, a not-for-profit
organization that certifies more than 20,000 health
care organizations and programs in the United States,
suggests doing the following prior to undergoing any
procedure:
• Ask your doctor if there any prescription or over-the-counter medicines that
you should not take before your surgery, or if you may eat or drink beforehand.
• If you have other questions, write them down. Take your list of questions with
you when you see your doctor.
• A health care worker will mark the spot on your body to be operated on,
usually when you are awake. If you are not awake, request a family member,
friend, or other health care worker to watch the marking.
• Ask your surgeon to take a "time out" just before your surgery to make sure
they are doing the right surgery on the right body part on the right person.
• Be forthcoming to your doctor or nurse about any pain before or after surgery.
• Ask questions about medicines that are given to you, especially new
medicines.
• Ask when you can resume activities like work, exercise and travel.
Perfect Pumpkin Mousse
Total Time: 35 min
Makes 8 Servings
Don't have time for making holiday pies,
but still want to set something before your
guests that's both unique and delicious?
This delectable dessert is quick and easy,
and should please even the most
discerning of palates.
Ingredients:
- 1 (15-ounce) can pumpkin purée
- 3 cups heavy cream
- 3/4 cup superfine sugar
- 1/2 teaspoon pumpkin pie spice
- 1 tablespoon vanilla extract
- Ginger snaps, for garnish
Combine pumpkin purée, sugar, pie spice,
and 1 cup heavy cream (reserving the
remainder for later) in a medium saucepan.
Simmer over medium heat for 5 minutes.
Rest until completely cool. Whip remaining
heavy cream and vanilla to soft peaks,
gently folding into the cooled pumpkin
mixture, pour into individual serving dishes.
Just before serving, crumble ginger snaps
over top.

4. Facts and Figures
The Most Popular Movies Released on a Holiday
The holiday season is a time for family
gatherings, eating, football and going to the
movies. Below are the top 10 grossing films
with Christmas Day openings. How many
have you seen?
1. "Sherlock Holmes"
2. "Avatar"
3. "Meet the Fockers"
4. "Les Misérables" (2012)
5. "Django Unchained"
6. "Little Fockers"
7. "Marley and Me"
8. "The Lord of the Rings:
The Return of the King"
9. "Alvin and the Chipmunks:
The Squeakquel"
10. "National Treasure:
Book of Secrets"
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please forward their name and telephone number to us. We will
happily provide the same high level of service that we have
provided to you. The greatest compliment you could possibly give
us is the referral of your friends and family.
© 2013 Vantage Production, LLC. All rights reserved.
Thank You!
We wish to thank our clients who
have been kind enough to refer
business to us. We appreciate
the opportunity to provide
excellent service to your family,
friends, and co–workers.
Trivia Answers
1-D, 2-H, 3-E, 4-G,
5-C, 6-J, 7-I, 8-B,
9-F, 10-A, 11-K