Friday 20th November
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ANNOUNCING WEBINAR: Law Firms & Loan Modifications – November 20th, 10:00 AM PST
Written on 15 Nov, 2009 at 18:34
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 live once. It’s literally... (Continue reading)
We INTERRUPT this FORECLOSURE CRISIS for a COMMERCIAL Message
Written on 14 Nov, 2009 at 22:15
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
Written on 13 Nov, 2009 at 20:12
“A Hundred Thousand Homeowners” is a documentary that will deliver a cacophony of outrage at the way our government has addressed the foreclosure crisis. It will make loud the voices of a hundred thousand homeowners. ... (Continue reading)
BREAKING NEWS: Latest U.S. Teaseury Dept. Study Shows 3.6 Billion Homeowners Have Been Offered Loan Modifications
Written on 13 Nov, 2009 at 4:21
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)
Pittsburgh in the 1970s – Terrible Times & Terrible Towels
Written on 12 Nov, 2009 at 11:40
But watching them... well, it's just never been the same as it once was, back in the days when the Pittsburgh Steelers dominated the NFL, and commanded the attention, respect and adoration of a city to such a degree that... (Continue reading)
Federal Prosecutors Bungle Case Against Bear Stearns Fund Managers
Written on 11 Nov, 2009 at 14:07
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)
MANDELMAN’S MONTHLY MUSELETTER – ISSUE 5.0
Written on 10 Nov, 2009 at 0:47
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)
How Banks View Loan Modifications
Written on 9 Nov, 2009 at 13:29
They’re manipulating you into feeling ashamed for being in trouble on your mortgage… but don’t let them make you feel that way. It’s not your fault… it’s the banks that wear the black hats in this horror movie, make... (Continue reading)
Cuomo v. Clearing House: The Most Important Supreme Court Decision for Homeowners and Our Economy In Decades
Written on 7 Nov, 2009 at 18:40
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
Written on 3 Nov, 2009 at 0:28
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)
Chris Adams, McClatchy Newspapers, Gets It! Servicers Suck!
Written on 31 Oct, 2009 at 12:59
The motive, he said, was simple: force people into foreclosure as a way to earn higher bonuses. "We would call the customers and ask them what bridge they were going to live under," Ocwen's Ron Davis testified. ... (Continue reading)
BREAKING NEWS! CA STATE BAR PUBLISHES GUIDANCE FOR LAW FIRMS ON SB 94
Written on 30 Oct, 2009 at 18:32
Wading through ambiguities in language in order to interpret the legislative intent of a new law isn’t easy, but the moral of the story is that it can be done, and thanks to the combined efforts of the attorneys and... (Continue reading)
AP Reports: Government Overstated Jobs Created by Stimulus by Many Thousands
Written on 29 Oct, 2009 at 8:09
And I most definitely want the $28.3 million that the administration was about to piss away on a company offering to staff a call center with a handful of underachievers that will answer questions like: “How do I find the... (Continue reading)
How to Talk to People Who Don’t Understand the Foreclosure Crisis… if You Absolutely Have to.
Written on 22 Oct, 2009 at 1:19
And you do… absolutely have to, I mean. It’s important because until more Americans come to understand what’s really going on in this country today, we’re not going to be able to stop it. And until we stop... (Continue reading)
See, That’s What I’m Talking About – Banks are Broke & Broken
Written on 20 Oct, 2009 at 21:10
According to FDIC, the program was established a year ago at the height of the financial crisis, and was intended to “help thaw the freeze in bank-to-bank lending,” and it’s obviously been very effective in that regard. Mark that... (Continue reading)
TARP Chief Elizabeth Warren Says We’ll Never Know Where TARP Funds Went
Written on 20 Oct, 2009 at 13:20
Elizabeth... damn it. That doesn't make any sense and you have to know that. First of all, I would argue that you don't have to ask in advance where your $700 billion will be going because IT's $700... (Continue reading)
California Bar Journal Runs Ads for Loan Mod Firms? Seriously??
Written on 20 Oct, 2009 at 8:34
So, come to find out that the California Bar Journal is running ads for a company called “Nice Mod,” a DRE licensed company that presumably accepts no money until the client’s mortgage has been modified, paid off in full, and... (Continue reading)
Get Over It America???
Written on 16 Oct, 2009 at 20:59
2. Goldman must either start lending like a bank, or it's not allowed to keep its status as a "Financial Holding Company," which is what allows it to put more than $125 BILLION at risk without having to worry about... (Continue reading)
Massachusetts Judge Rules Against Wells Fargo and U.S. Bank – Threatens Millions of Foreclosures
Written on 15 Oct, 2009 at 18:25
The judge also said that fixing the documents after the fact, which is what Wells Fargo and U.S. Bank did in the case he was ruling on, isn’t kosher, and I can’t believe that Wells or U.S. Bank would think... (Continue reading)
Bringing Up the Rear – Ex-NAR Chief Economist David Lerah
Written on 14 Oct, 2009 at 21:56
He says he's retired, but can you retire from lying? Can you be a retired liar? How would anyone know for sure when you retired? ... (Continue reading)
