Saturday 11th February
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CNN.com Reports Receiving “Overwhelming Number” of Negative Reviews of Obama Housing Plan
Written on 29 Jul, 2009 at 13:10
Servicers charging loan modification fees? See, I had thought President Obama said that no one should ever have to pay for a loan modification. No? No kidding… I was almost positive that’s what he said. ... (Continue reading)
SPOTLIGHT ON: Mortgage Restructuring Solutions
Written on 27 Jul, 2009 at 13:06
Obviously, I like Harvey Garte a lot. He's like an uncle of mine that always tells me when I have something stuck in my teeth, or that my hair is sticking up. And if you ask me, I... (Continue reading)
Ding Dong, Ding Dong… Bad Biz Finder’s Erin Baldwin Hit By Bucket of Water! The Flying Monkeys Are Free!
Written on 24 Jul, 2009 at 16:04
Breaking News: In a freak accident earlier this morning, Bad Biz Finder’s Erin Baldwin was doused by a large bucket of water. A witness reported seeing steam being emitted through her skin, and then she began shrinking in size... (Continue reading)
Support Obama’s Universal CarCare
Written on 23 Jul, 2009 at 0:38
My Universal CarCare program will not cost most taxpayers any more money than they're paying now. I've proposed that the plan be funded through a special sales tax on jewelry, which after what I've done to the economy, no... (Continue reading)
$23.7 TRILLION
Written on 22 Jul, 2009 at 0:29
It occurs to me that transparency is not something you should need to provide. As long as you don’t add any opacity, you’ll have transparency, no? ... (Continue reading)
So, It Wasn’t the Subprimers After All… What Do You Know About That?
Written on 20 Jul, 2009 at 15:18
Sub-prime borrowers hate moving… especially their refrigerators. They can't afford fancy moving companies who come pack everything up and unpack it at the next homestead. They call friends like me who are stupid enough to always own a truck. The... (Continue reading)
The Crowd Laughed…
Written on 20 Jul, 2009 at 8:13
Geithner went on to say: "We have the deepest and most liquid markets for risk-free assets in the world. We're committed to bring our fiscal deficits down over time to a sustainable level. We believe in a strong dollar ... and... (Continue reading)
So, It Wasn’t the Subprimers After All… Go Figure.
Written on 20 Jul, 2009 at 8:06
"The evidence from a huge national database containing millions of individual loans strongly suggests that the single most important factor is whether the homeowner has negative equity in a house -- that is, the balance of the mortgage is greater... (Continue reading)
ISSUE #1.0 of Mandelman’s Monthly Museletter!
Written on 20 Jul, 2009 at 0:37
Subscribe to the Mandelman Muse by clicking the SUBSCRIBE tab and you'll receive my electronic "Museletter" at least once a month... and maybe more often than that... but I'm not promising. Do it today!... (Continue reading)
Attorneys Offering Loan Modification Services Find a Friend in NACBA
Written on 19 Jul, 2009 at 21:37
One of the things the Commission has wanted to do from the beginning was lobby against SB 94 as it was written, and that became more important when the bill was modified just before July 4th to prohibit attorneys from... (Continue reading)
Who Are We Punishing?
Written on 18 Jul, 2009 at 15:57
We wanted to punish Germany after WWI. That's what the Treaty of Versailles was intended to do... punish the country that had caused so much pain. It was a bad idea. Ultimately it led to WWII. We learned, and we... (Continue reading)
Obama’s New Federal Agency: The Comedy Board
Written on 18 Jul, 2009 at 15:37
President-elect Barack Obama, in a press conference held earlier today at a Georgetown Comedy Club, announced the formation of a new federal agency that will officially operate under the name: The United States of America Comedy Board, or TUSOACB, thus... (Continue reading)
What Happened On Wall Street and Why
Written on 18 Jul, 2009 at 15:27
But until homeowners are able to refinance their adjustable and recasting mortgages into affordable loans, and foreclosures abate as a result, we'll see no recovery. As they say, this too will pass… but not tomorrow, not next year, and not... (Continue reading)
Joe the Plumber Hired as Journalist
Written on 18 Jul, 2009 at 14:33
This will not be a long article, I promise. I don't even feel like talking about it much, to tell you the truth. I don't even know why I started it. I mean, I don't have the foggiest idea of... (Continue reading)
Income Inequality Gap Widens, Government Report Shows
Written on 18 Jul, 2009 at 14:22
"It remains to be seen just how far the rich have fallen behind," said Sen. Bunkie T. Witherspoon III (R-Texas). "It may only be a temporary problem and the federal government has no business giving further entitlements to the rich... (Continue reading)
Democrats Supporting a Bill Allowing NO DOWN PAYMENT on FHA Mortgages?
Written on 18 Jul, 2009 at 14:18
HR600 is about "Seller Assisted Down Payments," which is a euphemism for a scheme that enables people who cannot save enough money to make a down payment, to qualify for FHA insured mortgages. ... (Continue reading)
Changing the Way the President Gets Elected and What it Means to Your Business
Written on 18 Jul, 2009 at 14:11
A long, long time ago there were "Media Kings". They had names like King Henry and King George. Sure, they also controlled armies and wealth, but as they were soon to discover, it was their control of the media that... (Continue reading)
The Employer No Choice Act
Written on 18 Jul, 2009 at 13:57
The new legislation essentially gets rid of the secret ballot election that in the past, has always been held to determine the outcome of a unionization drive. But that isn't really that bad, is it? I don't know what all... (Continue reading)
Confidence Lost
Written on 18 Jul, 2009 at 13:41
Even if we can't agree on what to call it, can we agree on the cause of our latest national catastrophe? With every single economist, policy expert, and regulatory official apparently working on the problem, surely we've gotten to the... (Continue reading)
It’s Been a Year Since I Lost My Friend to Suicide
Written on 18 Jul, 2009 at 13:28
I wanted to write something about Alvar's death because I wanted to share my feelings with others who have lost someone to suicide, because I think when you lose someone that way, the wound never heals. And maybe it helps... (Continue reading)
