Posts Tagged ‘stopping foreclosures’

Are Mortgages Fraudulent? The Case from Credit River.

Are Mortgages Fraudulent? The Case from Credit River.

It’s perfectly understandable that many people don’t know what to believe anymore, after all, what we’ve seen happen all around us could drive anyone a little batty. But, understand that holding onto something that’s not true isn’t going to... (Continue reading)

When Will the Pivotal Nature of the Foreclosure Crisis be Understood

When Will the Pivotal Nature of the Foreclosure Crisis be Understood

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)

Special Foreclosure Defense Boot Camp with Max Gardner – October 12-14

Special Foreclosure Defense Boot Camp with Max Gardner - October 12-14

Condensed into 3 powerful days. Less expensive. Last one for year. Coming up October 12-14.... (Continue reading)

For My Birthday… Love, Your Broken Home. By Tim Miller

For My Birthday... Love, Your Broken Home.  By Tim Miller

Tim Miller, is a singer/songwriter from Dallas, Texas. Here he is performing a song he wrote after reading a news story about a family who lost their home, the victim of predatory lending.... (Continue reading)

DOER ALERT: Wells Fargo this is Unnecessary, Unreasonable and Unthinkable

DOER ALERT: Wells Fargo this is Unnecessary, Unreasonable and Unthinkable

Because I just can’t believe that anyone would intentionally do this to the parents of an autistic 12 year-old girl… invite them to apply for a loan modification, and then after six months, leave them over a weekend with the... (Continue reading)

BoA’s Bad Bank – Pay No Attention to the 6.7 Million Loans Behind the Curtain

BoA's Bad Bank - Pay No Attention to the 6.7 Million Loans Behind the Curtain

See, these are the kinds of things that make me afraid of the world around me… like, now I don’t want to even leave my house. Does stuff like this work on “investors?” What… are the “investors” he... (Continue reading)

Homeowner Suffers Horrific Injustice at the Hands of JPMorgan Chase

Homeowner Suffers Horrific Injustice at the Hands of JPMorgan Chase

We're not people who simply decided to skip out on our mortgage. We did everything as upright and by the book as we were instructed to do by Chase yet we still lost our home. On the day they took... (Continue reading)

New Bankruptcy Court Decision Sounds the Alarm – The USS MERS is Going Down

New Bankruptcy Court Decision Sounds the Alarm – The USS MERS is Going Down

Now, clearly this is a decision that’s worth reading for one’s self… Judge Grossman is one heck of a writer and not one to play patty-cake with MERS or those of the banking persuasion, but I thought I’d at least... (Continue reading)

Chief Judge Gonzalez calls WaMu’s Conduct “Immoral, Unethical, Oppressive, Unscrupulous or Substantially Injurious to Consumers” (You go, Your Honor.)

Chief Judge Gonzalez calls WaMu’s Conduct “Immoral, Unethical, Oppressive, Unscrupulous or Substantially Injurious to Consumers”  (You go, Your Honor.)

Now, tell the truth… I’m not saying that this is what happened next, but what if I told you that the next thing that happened was that Khast bought a handgun and shot a banker in the head, would you... (Continue reading)

15 Texas Homeowners Sue Bank of America for Abusive Practices – Don’t Mess With Texas

15 Texas Homeowners Sue Bank of America for Abusive Practices – Don't Mess With Texas

RESPA is a federal statute so I would think that this sort of thing could be happening all over the place… like in all 50 states. And it’s also worth mentioning that what Bank of America is accused of... (Continue reading)

California’s SB 1275, What’s Not to Like?

California's SB 1275, What's Not to Like?

“The confusion and errors that cost Californians their homes, are devastating to the state’s housing market, but are avoidable and we need this measure to stop further deterioration of the California housing market.” Center for Responsible Lending ... (Continue reading)

It’s Mandelman on The Real Estate Guys Radio Show!

It's Mandelman on The Real Estate Guys Radio Show!

It's Mandelman on The Real Estate Guys radio show! Yay! It's sort of like Click & Clack, those brothers that do the Car Talk show on NPR on weekends. You think it's going to be dull, but... (Continue reading)

Every Time a Judge Cancels a Mortgage a Homeowner Gets His or Her Wings

Every Time a Judge Cancels a Mortgage a Homeowner Gets His or Her Wings

Judge Bailey also reprimanded Huffman: “Some day, this foreclosure crisis is going to be over, and you need to decide what kind of lawyer you are going to be. Because at the end of the day, you are responsible... (Continue reading)

BRINGING UP THE REAR FTC Chairman Jon Leibowitz

BRINGING UP THE REAR  FTC Chairman Jon Leibowitz

If you want to get rid of the loan modification scammers, you certainly don’t reduce the number of legitimate options available to help, you let people know where they can get help… beyond calling their bank or standing in line... (Continue reading)

When Outrage Becomes Rage. Historically speaking, this story doesn’t end well for anyone.

Tomorrow, the country will go on as it did yesterday, foreclosures will continue essentially unabated, and more and more Americans will fall into the abyss of disenchantment with all authority… the frequent and extended strikes by workers during the 1970s... (Continue reading)

What Others Have Written About the NPV Test You Need to Pass to Get a HAMP Loan Modification

Last week, which was about a week after he had sent his REST Report to his lender, he received a response from his servicer... and they were offering him a loan modification in line with one of the alternative strategies... (Continue reading)

SO, HAMP ISN’T GREAT. WE KNOW. WHAT ARE YOU GOING TO DO ABOUT IT?

SO, HAMP ISN'T GREAT. WE KNOW.  WHAT ARE YOU GOING TO DO ABOUT IT?

Why the banking lobby starts to look downright puny next to millions of American homeowners all shouting at the same time… “Congress better take note! We intend to use our VOTE!” Yep, after that the foreclosure crisis would... (Continue reading)

My Year in A-Trance: What I’ve Learned About Loan Modifications

Why the banking lobby starts to look downright puny next to millions of American homeowners all shouting at the same time… “Congress better take note! We intend to use our VOTE!” Yep, after that the foreclosure crisis would... (Continue reading)

What We All Should Have Learned by Now About Loan Modifications

What We All Should Have Learned by Now About Loan Modifications

Okay class... if you've been keeping up with your reading assignments, then the following should be no problem for you to keep up with... but it also may cause motion sickness.... (Continue reading)

After One Year, Obama Plan to Help Modify Second Mortgages Modifies NONE… Nada, Ziperino!

After One Year, Obama Plan to Help Modify Second Mortgages Modifies NONE… Nada, Ziperino!

The plan was announced last April. Treasury released guidelines in August. And five weeks ago, Bank of America, with three million seconds, signed up. Five weeks ago. Stop it… they’ve been busy.... (Continue reading)

As Pressure Mounts, Bank of America Plans Principal Reductions for Underwater Homeowners

As Pressure Mounts, Bank of America Plans Principal Reductions for Underwater Homeowners

Bank of America will offer qualified homeowners an interest-free forbearance of principal that the homeowner can turn into forgiven principal annually over five years, provided they stay current on their mortgage payments. Over the five-year period, homeowner can bring... (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)

Giving Money Back, Not Profitable: Federal Reserve Study Proves

Giving Money Back, Not Profitable: Federal Reserve Study Proves

The Federal Reserve Bank of Boston released the results of its in-depth study on President Obama’s plan to solve the foreclosure crisis, and the conclusions shocked politicians and bureaucrats alike from coast to coast. ... (Continue reading)


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