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)
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...... (Continue reading)
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... ... (Continue reading)
I wish we’d stop with the false bottoms and imaged recovery stories so we could actually concentrate on making some much needed improvements in how we’re handling our economic malaise, because that’s the only way we’re going to see any... (Continue reading)
I know many have been wondering where I’ve been for the last two months from the slew of emails I’ve received, I thought I’d explain what I didn’t want to explain at the time... and let everyone know that not... (Continue reading)
The problem is that when we start believing things that aren’t true... even though do so might make us feel better for the moment... that’s when we lose all of our power. No one is powerful when they’ve got... (Continue reading)
Okay, so that’s GAME OVER for the State of Illinois. Ball four... take a hike... we’ll see you back here in 2014 or 2015. Take some time off, you deserve it. ... (Continue reading)
We've lost more than five million homes to foreclosure since 2008, and according to all published data at the end of 2012, we've got millions more seriously delinquent or at risk... but somehow housing is defying all laws of economics... (Continue reading)
David takes us through concise and easy to understand explanations of most of the major events since the meltdown began on July 10, 2007... the day the credit markets went into a deep freeze that continues to this day. ... (Continue reading)
Then how in the world can we be "at the bottom," of housing price declines or starting to see ANY sort of "housing recovery" as the MORONS in the media are also reporting TODAY, after receiving your press releases?... (Continue reading)
Foreclosure defense attorneys Matt Weidner and Tom Cox tell Mandelman what's working and what's not for homeowners in foreclosure courts. ... (Continue reading)
Here's your first chance to listen to Phillip Swagel on a Mandelman Matters Podcast... he'll be back again... but you don't want to miss this one because we won't be going backward in time, so click PLAY below and listen... (Continue reading)
Missouri has had three fairly recent, and fairly well-publicized decisions by state courts related to foreclosure, Bellistri, Box and Tucker. On this podcast, Dale Wiley, my Trusted Attorney in Missouri, explains the facts about them when trying to save... (Continue reading)
New Jersey foreclosure defense attorney Bruce Levitt on this Mandelman Matters Podcast tells you what's working and what's not... and how he thinks you are most likely to save your New Jersey home from foreclosure.... (Continue reading)
Known as the “statement of qualified holder,” it doesn’t require a lawyer to look at anything that shows the bank holds the original mortgage, but even more stunning is that it also provides lawyers with complete absolution from any wrongdoing... (Continue reading)
Please take this chance to make your voice heard, and tell everyone you know whose home is underwater they should do the same. We screamed our heads off about AIG bonuses, both in the streets and in the tens... (Continue reading)
The mortgage market is not just dominated by the government, the mortgage market is the government, and that’s not just here in the US, it’s everywhere. Governments are the lenders of ONLY resort. ... (Continue reading)
The fact that there are properties at the very bottom that appear to have increased in price by a few points is no indication that housing is recovering. ... (Continue reading)
Is that what I’m to believe? She hid it from LPS. For SIX years. A million documents. And the whole time, LPS must have just thought she was great at getting the signatures she... (Continue reading)
LPS also reports that as of September, 3.7 million loans were at least 30 days delinquent, but not yet in foreclosure…. and 1.53 million loans were at least 90 days delinquent, but not yet in foreclosure. Almost two million... (Continue reading)
It’s foreign policy night but although each question starts out overseas, it ends up buried in our flaccid economy somewhere near Cleveland. Romney points out that Obama can’t seem to buy jobs let alone create them. ... (Continue reading)
So, if the normal market had 100 buyers, where there used to be 66 repeat buyers, now there will only be 33. Where there were 25 first timers, now there will only be 12. Are you getting the... (Continue reading)
What could Mr. Bernanke and others have done differently? Addressed the real cause of the crisis, the lost trust part... by announcing that the U.S. government would be stepping into the bond market and guaranteeing the investment grade bonds…... (Continue reading)
What everyone continues to overlook is the impact that foreclosures continue to have on new foreclosures. We’ve got supposed experts yammering about how we’ll have some set number of foreclosures and then we’ll be through this mess. But... (Continue reading)
Back in April of this year, they were granted 180 days to get their servicing operations ready to comply with the new standards, and as of yesterday, they'll be held to the 304 new rules for addressing the needs of... (Continue reading)
Per the settlement agreement, Smith will be testing the servicers adherence to the new rules using 29 defined metrics to assess such breaches as improper trustee sales, wrongful denial of modification, the use of fraudulent affidavits in the foreclosure process,... (Continue reading)
Once you’re underwater, however, as at least half of homeowners are today, you can’t borrow against your home’s equity, nor can you sell your home, so any of those life events are likely to hit you where you live. ... (Continue reading)
Condensed into 3 powerful days. Less expensive. Last one for year. Coming up October 12-14.... (Continue reading)
Neil Barofsky is a name I'll never forget, and it won't be hard for anyone to understand why that's the case when I tell you the reason why. Neil was the Special Inspector General for the Treasury’s Troubled Asset... (Continue reading)
Everybody says the new law and recent decision are going to provide protections and in general make things better for Oregon's homeowners at risk of foreclosure., and for the people of thee state as a whole. They're wrong.... (Continue reading)
The GAO’s report, released earlier this month concluded that the OCC simply made submitting a complaint too difficult for us to understand. We couldn’t figure it out. It was over our collective heads. And so, completely... (Continue reading)
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... (Continue reading)
Washington State consumer attorney Scott Stafne is running for a seat on the State Supreme Court in the State of Washington. Why is he running, and why should you care regardless of where you live... click play and listen... (Continue reading)
Marty said that the SunTrust Bank executive said they should be able to do something to prevent her from losing her home. Marty said it was the first time in four years that she felt like someone was actually... (Continue reading)
It was a bad path to be on, as things turned out, but she didn’t know that for about 18 months. Right up until the day Chase sold her home without any real notice, Chase kept saying that they... (Continue reading)
Don't have time right now? MAKE TIME RIGHT NOW. Read this and DO SOMETHING.... (Continue reading)
Let’s let C.A.R. know that even though many of us may be losing homes today, that doesn’t make us deadbeats… it makes us strong… it makes us focused… and it makes us remember who was and who wasn’t on our... (Continue reading)
Anyway, so that's the deal... $500 to $125,000... PLUS EQUITY! It makes it sound like the worst you can do, assuming you get past the qualifying round, is the $500, right? Five hundred's not bad, I suppose. ... (Continue reading)
It’s hard to describe what I do when I say I help homeowners. I’m not a lawyer and I never offer anything close to legal advice. I'm not a mortgage expert either. I think my value is... (Continue reading)
The real point is that we don't deserve someone like Elizabeth Warren and likely won't get her or anyone like her until we can answer her question about being ready with a resounding YES! and really mean it, as in... (Continue reading)