Sunday 12th February
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FEDS Announce Enforcement Actions Against 14 Servicers, LPS and MERS… Hot Towels in Washrooms Threatened Once Again
Written on 19 Apr, 2011 at 14:41
Still, I’m committed to covering this subject even when doing so means that I have to start drinking at 9:30 in the morning… kidding, I’m just kidding… so, here’s the news on the FEDS and their “enforcement actions,” and I... (Continue reading)
Foreclosures Increase 11.2% in Third Quarter over Second Quarter of 2010. And that means…
Written on 30 Dec, 2010 at 8:18
Oh joy! Foreclosures should be peaking next year! Well there’s something to look forward to, wouldn’t you say? Why will they be peaking next year, you may wonder? Well, I’m forecasting they based on the current... (Continue reading)
THE SiGNiNG… Or, Pardon me, Mr. Banker, but your REMIC is showing.
Written on 10 Oct, 2010 at 10:11
So, why didn’t the bankers assign the loans to the trusts? I don’t know… for sure. But I’m going to go out on a limb here and tell you it’s because they wanted to borrow against them, and... (Continue reading)
Obama Administration to Announce Expansion of HAMP – Principal Reductions and Help for Unemployed
Written on 25 Mar, 2010 at 20:33
On Friday, the White House is expected to announce an expansion of the president’s Making Home Affordable loan modification program to include reducing the mortgage loan balances for some homeowners, and providing additional temporary assistance to unemployed homeowners. ... (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)
