Posts Tagged ‘securitization’

Foreclosure Politics Here and Across the Pond – Professor David Coates on a Mandelman Matters Podcast

Foreclosure Politics Here and Across the Pond - Professor David Coates on a Mandelman Matters Podcast

This Mandelman Matters Podcast with Professor David Coates is not the same thing you've heard before, as he covers the foreclosure crisis both here in the U.S and in the UK. He also talks about the global financial crisis... (Continue reading)

MY DOERS DID IT AGAIN! But it’s not over yet. (And Holly Says Thank You!)

MY DOERS DID IT AGAIN!  But it's not over yet. (And Holly Says Thank You!)

I don't usually do this, but with Holly's permission, I've posted the three emails I received from her today. I get a lot of very flattering emails from homeowners across the country, and I appreciate them all very much...... (Continue reading)

Author Michael Hudson Knows The Monster – A Mandelman Matters Podcast

Author Michael Hudson Knows The Monster - A Mandelman Matters Podcast

Here's something you can't do anywhere else... listen to author Michael Hudson not only talk with me about his book, but listen to how he applies his vast knowledge of the subject matter to what's going on today in our... (Continue reading)

Last Minute Discounts on Max Gardner’s Boot Camp!

Last Minute Discounts on Max Gardner's Boot Camp!

Max Gardner is holding one more Boot Camp this calendar year at his beautiful 160-acre farm in Western North Carolina. It's almost sold out, but there are a few seats remaining so he decided to offer them at a... (Continue reading)

Mandelman’s Monthly Museletter – Version 16.0

Mandelman's Monthly Museletter - Version 16.0

In this edition you'll find: 1. Robo-signing KILLS... 2. OCC proposes credit rating duties go to banks - A real conversation with a banker-friend of mine. 3. PMI Files Bankruptcy - Regulators step in and take over yet another mortgage... (Continue reading)

Tagged with:                                                                                                                                                                                                                                                                         

A Foot Soldier in the Foreclosure Wars – Matt Weidner, A Mandelman Matters Podcast

A Foot Soldier in the Foreclosure Wars - Matt Weidner, A Mandelman Matters Podcast

I wanted to have Matt on a podcast so both homeowners and other lawyers would have an opportunity to hear his views on the crisis today, and specifically what he's seeing in the Florida courts. And sure enough, Matt... (Continue reading)

Lawyers, foreclosure fatigue and the dreaded FREE HOUSE

Lawyers, foreclosure fatigue and the dreaded FREE HOUSE

Wake up people, we’re running out of time. We need to do better and that means we need to get smarter. And since I still have faith that our laws will prevail, we’ll be needing our nation’s lawyers... (Continue reading)

If You Think the Meltdown Was the Fault of Homeowners, Think Again…

If You Think the Meltdown Was the Fault of Homeowners, Think Again...

So... in “Pillage,” Nomi Prins explains in terms anyone can understand that factoring in the leverage at 11:1, we're looking at a $140 TRILLION economic problem... yes, you read that correctly... that's trillion, with a 'T'... (Continue reading)

FDIC Chair Sheila Bair Warns Senate Committee about “Millions of Infected Foreclosures”

FDIC Chair Sheila Bair Warns Senate Committee about

Well, perhaps it’s because Sheila is now a short-timer and will be retiring from her post at the FDIC this July, that she is now feeling a little more comfortable telling the truth, even if that means disagreeing with Walsh... (Continue reading)

The Most Damaging Propaganda Campaign in History. And its Aimed at You and Me

The Most Damaging Propaganda Campaign in History. And its Aimed at You and Me

Debt is a status symbol… debt is a sign of success… debt is cool… you should want as much debt as you can get… being approved for more debt means you’ve made it. I want to be a gold... (Continue reading)

Mandelman U. Presents – Securitization & Mortgage Backed Securities

Mandelman U. Presents - Securitization & Mortgage Backed Securities

Come back to 6th Grade where I’ll be teaching real 6th graders all about what the banks did to break the world. We’re going to cover the Bond Market and Securitization, CDOs and CDSs… and even Synthetics and... (Continue reading)

Mass Hysteria – The Iabanez Decision by the Massachusetts Supreme Court

Mass Hysteria – The Iabanez Decision by the Massachusetts Supreme Court

The bankers have blown it, and they’ve blown it big. To me it looks like there are multiple swords hanging over the heads of the too-big-to-fail crowd. They report fake earnings based on suspended accounting rules… they lie... (Continue reading)

Two Years Waiting for the New York Times to Write About Lawyers & Loan Modifications, and they Still GET IT WRONG.

Two Years Waiting for the New York Times to Write About Lawyers & Loan Modifications, and  they Still GET IT WRONG.

Can you hear me now? Is that doing it for you? The facts about California attorneys who offer to assist homeowners with loan modifications as presented in the New York Times story are just plain WRONG. ... (Continue reading)

THE SiGNiNG… Or, Pardon me, Mr. Banker, but your REMIC is showing.

THE SiGNiNG... Or, Pardon me, Mr. Banker, but your REMIC is showing.

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)

Tagged with:                                                                                                                                                                                                                                                                                                     

SECURITIZATION: How our society changed when we learned to turn lead into gold.

SECURITIZATION: How our society changed when we learned to turn lead into gold.

Before securitization children were raised receiving fewer presents for their birthdays and holidays and I don’t need a source for that statistic. Water is wet, the sky is blue, and that’s a fact. Hotel rooms never cost $600... (Continue reading)

FHFA Subpoenas Data from 64 Issuers of Mortgage Backed Securities

FHFA Subpoenas Data from 64 Issuers of Mortgage Backed Securities

Uh oh. Someone’s gonna’ be in big trouble… as in… Lucy, you got some ‘splainin’ to do. Is it warm in here all of a sudden?... (Continue reading)

Tagged with:                                                                                                                                                     

Wall Street to Securitize Delinquent Loans. Because it went so well last time, I suppose.

So, based on that… the only logical thing to do is securitize some non-performing loans. Of course, it’s brilliant! I’m calling AIG-FP later today to see if they’ll sell me a credit default swap against this crap. ... (Continue reading)


Page Rank