November, 2009

Loan Modifications: Obama’s Part of Problem, Not Solution

President Obama… we haven’t heard from you on the housing and foreclosure crisis since last spring when you gave a speech to adoring and cheering crowds. You set their expectations way above what your program delivers, your administration has... (Continue reading)

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Speech By Asst. Treasury Sec. Barr on President’s Plan to Strengthen Housing Sector… with commentary by Mandelman

Barr’s predominantly an academic. He taught at the University of Michigan Law School, was a Senior Fellow at the Center for American Progress and at the Brookings Institute, and it looks like he’s co-written a couple of books with... (Continue reading)

Why Banks Are Better at Making Loans Than Modifying Them

Why Banks Are Better at Making Loans Than Modifying Them

I thanked my new present value oriented friend and hung up. Next I would need to find a homeowner whose loan had been modified directly by the bank as a result of their request. This wasn't easy. Lots of refinancing,... (Continue reading)

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JUDGING INDYMAC – New York Supreme Court Judge Finds IndyMac’s behavior “repugnant, shocking, repulsive and completely devoid of good faith”.

JUDGING INDYMAC – New York Supreme Court Judge Finds IndyMac’s behavior “repugnant, shocking, repulsive and completely devoid of good faith”.

IndyMac/One West Bank… Mortifying abuse… completely devoid of good faith… harsh, repugnant, shocking and repulsive. Bravo, Judge Spinner… Bravo! When I read it for the first time, it literally brought tears to my eyes. ... (Continue reading)

In Case You Missed the Webinar for Law Firms…

In Case You Missed the Webinar for Law Firms...

I absolutely assure you that you will not be seeing or hearing anything you've seen or heard before. It's original thinking from Mandelman Matters, and it's based on a year of in-depth research into everything related to the foreclosure... (Continue reading)

ANNOUNCING WEBINAR: Law Firms & Loan Modifications – November 20th, 10:00 AM PST

ANNOUNCING WEBINAR: Law Firms & Loan Modifications - November 20th, 10:00 AM PST

Tweet Greatly Reduce or Even Eliminate Client Complaints, Increase Firm Effectiveness, Improve Morale & Increase Profitability. If you’re helping homeowners with loan modifications, this shouldn’t be missed under any circumstances.  It’s shouldn’t be considered optional, and I’m only doing it... (Continue reading)

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We INTERRUPT this FORECLOSURE CRISIS for a COMMERCIAL Message

We INTERRUPT this FORECLOSURE CRISIS for a COMMERCIAL Message

Okay, so does anybody have any questions about what’s going on here? Commercial real estate, a couple of trillion worth, is now circling the drain and soon we’re all going to hear that loud flushing sound we’ve all come... (Continue reading)

A Hundred Thousand Homeowners – Voices of Hope & Change

A Hundred Thousand Homeowners - Voices of Hope & Change

A Hundred Thousand Homeowners - A wake-up call in Washington. By contributing $1.00, you’ll be supporting something important… something that will be heard… something that will make a difference, because when politicians see that 100,000 people have taken the time to... (Continue reading)

BREAKING NEWS: Latest U.S. Teaseury Dept. Study Shows 3.6 Billion Homeowners Have Been Offered Loan Modifications

BREAKING NEWS:  Latest U.S. Teaseury Dept. Study Shows 3.6 Billion Homeowners Have Been Offered Loan Modifications

Housing counselors and lending experts say that HAMP is having a meaningful impact on the global foreclosure rate, and Lucely Figures, a housing economist at Muddy’s expects at least another 3 billion loan modifications next year. ... (Continue reading)

Federal Prosecutors Bungle Case Against Bear Stearns Fund Managers

Regardless, it's hard to imagine that you can cost investors $1.6 billion, get caught with a paper and email trail that shows that you knew what you were doing as you lied your ass off along the way, and then... (Continue reading)

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MANDELMAN’S MONTHLY MUSELETTER – ISSUE 5.0

MANDELMAN'S MONTHLY MUSELETTER - ISSUE 5.0

1. University of Miami Law School says homeowners should hire lawyers if at risk of foreclosure. 2. Is the Great Recession Over in the Headlines? 3. ABC's Bob Weir and Truth. 4. House painting as a career choice. ... (Continue reading)

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Cuomo v. Clearing House: The Most Important Supreme Court Decision for Homeowners and Our Economy In Decades

Cuomo v. Clearing House: The Most Important Supreme Court Decision for Homeowners and Our Economy In Decades

So far this year, while most Americans have seemingly been preoccupied with other things, the banking lobby has managed to have its way with every single piece of legislation our legislature has considered or ultimately passed. ... (Continue reading)

A Tale of Four Trial Modifications at IndyMac Bank

A Tale of Four Trial Modifications at IndyMac Bank

I’m announcing today that I will write and publish every story I receive about a homeowner being jerked around by IndyMac/One West Bank. Every single one. Write to me and I’ll put it out there. ... (Continue reading)


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