Alabama 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. ...
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The Foreclosure Bowl: Connecticut Finally Makes it Into Top 10
RealtyTrac Vice President, the ubiquitous Daren Blomquist, said he had “no immediate concern” related Connecticut’s newfound foreclosure prowess, which makes perfect sense since he’s not losing a home there. ...
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Foreclosure Surprise! Stomping on Maryland Homeowners
So, how do I know where the other undiscovered and unreported stockpiles of foreclosures are hiding as the banks wait until they feel like recognizing losses, having fixed the document problem to the degree that they can start booting people out of their homes once again? ...
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What 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...
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Nevada 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....
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South 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...
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Bill to End Foreclosure Mediation In Missouri Passes… Wake Up, Missouri
Unless you believe that the foreclosure picture in this country somehow magically changed dramatically over the last month or two... you don’t want to wake up one day to find out you might need mediation... only it’s no longer there. Wake up... it's not over yet....
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One 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. ...
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Former 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....
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Understanding 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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