Bank of America Does the Wright Thing – DOERS Did It Again. JOIN US, BE A DOER!
By mid-day on Tuesday, Bank of America had responded to say they were looking into it... and by 4:30 PM that same day Bank of America DID THE WRIGHT THING, and gave Mr. Dale Wright his home back... from a bonafide third party purchaser. Now, they're working on modifying...
Continue reading full storyCome on now, tell the truth… the GOP doesn’t want to win the White House in 2012, right?
What about Newt’s plan for 9 year-old janitors in poor neighborhoods? And you want me to believe that he’s seriously campaigning for president? Come on now… and Newt’s in first or second place? Sure he is. The man asks his wife for an open marriage, consults for...
Continue reading full storyLook, this just isn’t that hard… The Solutions to Pressing Problems.
If Mickey Mouse is going to sign it, and Donald Duck is going to notarize it... THEN DON'T SIGN IT... because we don't need it signed. BUT... if we DO need it signed, then don't forge it and file a fraudulent document into the public record. If you...
Continue reading full storyBostwick Putting SB 94 and California State Bar on Trial
Even some of the people involved in the drafting of California's Senate Bill 94 ("SB 94") back in 2009, recognized that it wasn't going to fix or stop the problems it was addressing, and there's no question that it was somewhat a knee-jerk reaction to a problem that had not...
Continue reading full storyCredit Suisse Tells Bloomberg: “Mortgage Principal Cuts Don’t Help Homeowners?”
Reducing mortgage balances is a risky idea that hasn’t been shown to keep borrowers who owe more than their property’s worth in their homes, according to Credit Suisse Group AG. (CSGN). Suspending accounting rules is a risky idea that hasn’t been shown to keep banks that borrowed more than their assets...
Continue reading full storyCalling All Lawyers to 5,000,000 Crime Scenes
Consider this... bankers say that they've been overwhelmed by the millions of homeowners unexpectedly seeking loan modifications and that's why applying for a loan modification has been such a nightmare. But, what about the number of foreclosures occurring in the same time frame? Haven't there been an unprecedented...
Continue reading full storyI’ve found the problem in Washington… it’s some sort of time warp, or they’re just dumb.
How does the Fed write a white paper and present it to the United State Congress that is packed with proof positive of an entirely inadequate level of knowledge, understanding… education, even? Am I going to find out that next week, the Fed sends congress a while paper about...
Continue reading full storyThe Quiet Man… Utah Attorney Walter Keane – A Mandelman Matters Podcast
Utah Attorney Walter Keene is the lawyer that filed four quiet title claims last year, which means he was seeking to obtain a court order granting clear title to the properties in question. And all four were granted by the Utah courts... four quieted titles to the four homes....
Continue reading full storyOur future hinges on just ONE thing…
You know the stereotype… we all do… reckless and greedy people who bought homes they could never hope to afford by signing their names on nothing down, 80/20 “liar loans” with negative amortization and teaser rates of 1%. And the property flippers looking to make a quick buck, gambling...
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