Member Newsletters
Member Newsletters are published and distributed monthly in PDF format. Can't locate your copy? Get a download here or read it online.
Newsletters
Requires
Adobe
Acrobat Reader
Dayton MBA Events
See what's happening and where with the Dayton MBA.
View Schedule
RSVP for Member Meetings
Online registration for a DMBA event, it's never been easier!
RSVP Online
Other Ohio MBA Events
See what's happening and where with the Ohio MBA.
View
Schedule
DMBA Photo Gallery
See photos of events held by DMBA beginning 2009
View
Photos
February 2009 - Volume 12, Issue 2 - Page 1
CHANGE IS COMING!
As I write this month’s message I am consumed by three very different upcoming events: First is the message that Treasury Secretary Geithner delivered earlier today outlining a revamped plan to rescue the financial markets, thaw frozen credit markets, and help troubled homeowners; Secondly there is the potential $15,000 tax credit proposed in the stimulus package passed by the Senate that would be provided to all home purchasers during the next year; Third of course is the UD v. Xavier game tomorrow night.
Geithner’s plan proposes a public-private investment fund that seeks to leverage private capital and sponge out the toxic assets on banks’ books with the hope that banks would then be able to lend money again. It would also set aside $50 billion to help stem foreclosures, keep families in their homes, and lessen the oversupply strain on the real estate market. All of this will come with greater Federal oversight and accountability.
The recently passed Senate Bill proposed doubling the existing $7,500 tax credit to $15,000. In addition there would no longer be a requirement that the credit be repaid over the next 15 years and it would apply to ALL homebuyers, not just those purchasing for the first time. What a perfect storm for those looking to buy that first home or move up into a larger home for their families – historically low mortgage interest rates, low real estate prices, and a tax credit to top it off. Let’s spread the word and help get this market moving!
Lastly it is that time of year again were I cringe at the thought of losing another game to Xavier, the streak currently stands at six in a row. For those of you who don’t know me I am a 1988 graduate of UD (as can be evidenced by my license plate) and I started attending games at the Arena in the year that it opened, I was 4. To a Flyer Fan this is the biggest game of the season – let’s hope BG and crew can pull it off!
GO FLYERS!
Bill Brogan
FYI
The Membership Committee is requesting that each Office Manager please print a copy of the newsletter for their staff since we are unable to track the staff changes.
2009 DMBA Calendar
February 25
DMBA General Membership Meeting
Yankee Trace
March 4
DMBA Board Meeting
March 10
OMBPAC's Storm the Capitol Day (details on page 2)
Hyatt on Capitol Square
75 East State Street Columbus, OH
May 11-13
OMBA Annual Convention
Columbus Hilton at Easton
PUBLISHING INFORMATON
If there is any information you would like to publish in next month’s newsletter, please contact Don White at 937-439-3933 or e-mail your request to him at donfwhite@msn.com.
UPDATES TO MEMBER INFORMATION
If you have a change of e-mail address for DMBA, contact Kathy Eyer at 336-5523 or keyer@woh.rr.com to update.