I’m Not a Total Idiot, You Know.
So, I know... you want to read about how a homeowner won some major victory in the courts somewhere... or how someone filed and got quiet title to their property... or how a bank couldn't figure out who owned a loan and therefore was not allowed to foreclose... or maybe...
Continue reading full storyPART TWO – How to Take Your Power Back When at Risk of Foreclosure
Understand... I’m not telling you which path you should choose, but I am saying that you should choose one and then do everything in your power to achieve the goals that lie at the end of that path. Just take the blinders off... the rose colored glasses too... we’re...
Continue reading full storyDiscussing Foreclosure Crisis Solutions with Impac Mortgage CEO Joe Tomkinson
I think Impac has proven that it has the capability and desire to be a meaningful part of the solution to the foreclosure crisis... they successfully modified tens of thousands of loans, and in general, they got loans modified in under a month... often times in a couple of weeks....
Continue reading full storyAlabama Slamma’ – Not for Better, Far Worse… As Foreclosures we Chart.
We seem to be having a national recovery in much of the media, but in the states themselves the numbers are refusing to cooperate. I guess if you can have a “jobless recovery,” then you can probably have a national recovery without states being involved. ...
Continue reading full storyWhat Makes a Mortgage a “Bad Loan?” I’m Confused.
Or do we only judge a loan to be “bad” after it defaults, and because it defaults? Assuming there are NOT predatory practices involved, is a loan “good” until it defaults and then it becomes “bad.” And is it a “bad loan” because after it defaults we discover...
Continue reading full storyNevada Legislature Considers Passing its Own Homeowner Bill of Rights
Nevada’s legislature is considering adopting its own Homeowner Bill of Rights, and in fact, the bill... SB 321... has already passed the Nevada State Senate and is headed to the House....
Continue reading full storySouth Carolina’s Hardest Hit Funds Farce… Failing but Finally Changing?
It's been 3.5 years since the money was made available. It’s time for the programs funded by hardest hit funds to help homeowners... stopping foreclosures with aggressive benefits and inclusive qualifying requirements. Surely we know what doesn’t work... after all, we’ve got huge amounts of experience implementing ineffectively...
Continue reading full storyOne Bank Did Right by Homeowners & Shareholders – A Story You Haven’t Heard Before
There is one mortgage banker that did it right for their shareholders and borrowers. They didn’t take TARP funds or any sort of tax-payer funded bailout... instead they took their losses, restructured the company, and protected their shareholders... even going around their contracted servicers to modify loans. ...
Continue reading full storyFormer SIGTARP Neil Barofsky – The Last Honest Man in Washington – A Mandelman Matters Podcast
Settle in and get ready to hear the real inside scoop on how Washington works and too often doesn't. It may cause vomiting and probably shouldn't be listened to if you have a heart condition... I'm really not sure....
Continue reading full storyUnderstanding Elite Fraud and the Mortgage Meltdown with William K. Black – A MM Podcast
Why has no one at the top been investigated or prosecuted for fraud or anything else for that matter as related to the financial meltdown that has destroyed trillions of dollars in consumer wealth? Especially when William K. Black's group or regulators so successfully prosecuted so many S&L...
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