July, 2009

CNN.com Reports Receiving “Overwhelming Number” of Negative Reviews of Obama Housing Plan

Servicers charging loan modification fees? See, I had thought President Obama said that no one should ever have to pay for a loan modification. No? No kidding… I was almost positive that’s what he said. ... (Continue reading)

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SPOTLIGHT ON: Mortgage Restructuring Solutions

Obviously, I like Harvey Garte a lot. He's like an uncle of mine that always tells me when I have something stuck in my teeth, or that my hair is sticking up. And if you ask me, I... (Continue reading)

Ding Dong, Ding Dong Bad Biz Finders Erin Baldwin Hit By Bucket of Water! The Flying Monkeys Are Free!

Breaking News: In a freak accident earlier this morning, Bad Biz Finder’s Erin Baldwin was doused by a large bucket of water. A witness reported seeing steam being emitted through her skin, and then she began shrinking in size... (Continue reading)

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Support Obama’s Universal CarCare

Support Obama's Universal CarCare

My Universal CarCare program will not cost most taxpayers any more money than they're paying now. I've proposed that the plan be funded through a special sales tax on jewelry, which after what I've done to the economy, no... (Continue reading)

$23.7 TRILLION

$23.7 TRILLION

It occurs to me that transparency is not something you should need to provide. As long as you don’t add any opacity, you’ll have transparency, no? ... (Continue reading)

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So, It Wasn’t the Subprimers After All… What Do You Know About That?

So, It Wasn't the Subprimers After All... What Do You Know About That?

Sub-prime borrowers hate moving… especially their refrigerators. They can't afford fancy moving companies who come pack everything up and unpack it at the next homestead. They call friends like me who are stupid enough to always own a truck. The... (Continue reading)

The Crowd Laughed…

The Crowd Laughed...

Geithner went on to say: "We have the deepest and most liquid markets for risk-free assets in the world. We're committed to bring our fiscal deficits down over time to a sustainable level. We believe in a strong dollar ... and... (Continue reading)

So, It Wasn’t the Subprimers After All… Go Figure.

So, It Wasn't the Subprimers After All... Go Figure.

"The evidence from a huge national database containing millions of individual loans strongly suggests that the single most important factor is whether the homeowner has negative equity in a house -- that is, the balance of the mortgage is greater... (Continue reading)

ISSUE #1.0 of Mandelman’s Monthly Museletter!

Subscribe to the Mandelman Muse by clicking the SUBSCRIBE tab and you'll receive my electronic "Museletter" at least once a month... and maybe more often than that... but I'm not promising. Do it today!... (Continue reading)

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Attorneys Offering Loan Modification Services Find a Friend in NACBA

One of the things the Commission has wanted to do from the beginning was lobby against SB 94 as it was written, and that became more important when the bill was modified just before July 4th to prohibit attorneys from... (Continue reading)

Who Are We Punishing?

Who Are We Punishing?

We wanted to punish Germany after WWI. That's what the Treaty of Versailles was intended to do... punish the country that had caused so much pain. It was a bad idea. Ultimately it led to WWII. We learned, and we... (Continue reading)

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Obama’s New Federal Agency: The Comedy Board

President-elect Barack Obama, in a press conference held earlier today at a Georgetown Comedy Club, announced the formation of a new federal agency that will officially operate under the name: The United States of America Comedy Board, or TUSOACB, thus... (Continue reading)

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What Happened On Wall Street and Why

What Happened On Wall Street and Why

But until homeowners are able to refinance their adjustable and recasting mortgages into affordable loans, and foreclosures abate as a result, we'll see no recovery. As they say, this too will pass… but not tomorrow, not next year, and not... (Continue reading)

Joe the Plumber Hired as Journalist

Joe the Plumber Hired as Journalist

This will not be a long article, I promise. I don't even feel like talking about it much, to tell you the truth. I don't even know why I started it. I mean, I don't have the foggiest idea of... (Continue reading)

Income Inequality Gap Widens, Government Report Shows

Income Inequality Gap Widens, Government Report Shows

"It remains to be seen just how far the rich have fallen behind," said Sen. Bunkie T. Witherspoon III (R-Texas). "It may only be a temporary problem and the federal government has no business giving further entitlements to the rich... (Continue reading)

Democrats Supporting a Bill Allowing NO DOWN PAYMENT on FHA Mortgages?

HR600 is about "Seller Assisted Down Payments," which is a euphemism for a scheme that enables people who cannot save enough money to make a down payment, to qualify for FHA insured mortgages. ... (Continue reading)

Changing the Way the President Gets Elected and What it Means to Your Business

Changing the Way the President Gets Elected and What it Means to Your Business

A long, long time ago there were "Media Kings". They had names like King Henry and King George. Sure, they also controlled armies and wealth, but as they were soon to discover, it was their control of the media that... (Continue reading)

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The Employer No Choice Act

The new legislation essentially gets rid of the secret ballot election that in the past, has always been held to determine the outcome of a unionization drive. But that isn't really that bad, is it? I don't know what all... (Continue reading)

Confidence Lost

Even if we can't agree on what to call it, can we agree on the cause of our latest national catastrophe? With every single economist, policy expert, and regulatory official apparently working on the problem, surely we've gotten to the... (Continue reading)

It’s Been a Year Since I Lost My Friend to Suicide

It's Been a Year Since I Lost My Friend to Suicide

I wanted to write something about Alvar's death because I wanted to share my feelings with others who have lost someone to suicide, because I think when you lose someone that way, the wound never heals. And maybe it helps... (Continue reading)

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Business Owners Need to Face Strategic Truths of 2009 and Beyond

Web 2.0 technologies are one are in which business can gain a competitive advantage and be noticed by their target audiences. Many have already adopted these new tools, and some implementations are better than others, but most have not. ... (Continue reading)

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I Say… Keep Guantanamo Open!

I Say... Keep Guantanamo Open!

You see, I have an idea that perhaps the Obama administration hasn't considered as yet, and I think the American people, both those on the right and on the left, might see it as being a good one. After all,... (Continue reading)

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How Many Light Bulbs Does It Take To Change An Investor?

How Many Light Bulbs Does It Take To Change An Investor?

People ignored anyone suggesting that yet another bubble was in the making. The fact that housing prices had fallen after previous booms, such as in 1990, didn't seem to matter. "This time is different", was the order of the day.... (Continue reading)

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Bad Biz Finder’s Erin Baldwin is Awe Inspiring…

Anyway, then she goes on to say that I’ve never worked anywhere I said I did, that no one’s ever heard of me at those companies, that my companies either don’t exist or they’re suspended, and frankly I'm relieved that... (Continue reading)

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Matt Padilla… Again? Matt, Matt, Matt…

Tweet Matt Padilla of the Orange County Register has done it yet again… reported a story about loan modifications without having the foggiest idea what’s actually going on. I don’t know about everyone else, but it’s getting annoying, as far... (Continue reading)

Mandelman vs. Matt Padilla of the Orange County Register

Matt... all articles like this one do is hurt homeowners. People read them... and as a result they don't hire a firm to represent them in the negotiations with their bank... and they lose their home as a result,... (Continue reading)

July’s Niche Report: Cover Story by Mandelman on HVCC

July's Niche Report: Cover Story by Mandelman on HVCC

Tweet The July issue of The Niche Report is in mailboxes across the country and the cover story was written by me once again. It’s on HVCC, the Home Valuation Code of Conduct, which is a new set of rules... (Continue reading)

Excuse Me Secretary Geithner? Secretary Donovan? With All Due Respect

Is it just me? Am I really the only one who wants to push these clowns around the playground after school? Really? Come on… you kneel down behind them and I push them over… then we can... (Continue reading)

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Lucas Law Center Reports Saving 500 Homes Before FTC Files Injunction to Temporarily Close Firm

Tweet At just after 9:00 AM this morning, the FTC (Federal Trade Commission), served a temporary injunction requiring Lucas Law Center in Aliso Viejo, California to cease operations until the firm appears in federal court next week to defend itself... (Continue reading)

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July’s Issue of The Niche Report… Bringing Up the Rear: FDIC Chair Sheila Bair

Tweet In case you don’t already know, I wrote the cover story for the May issue of The Niche Report magazine, titled “Pigs, Puppets & People in Peril – The Administration’s Curious Case Against Loan Modification Firms”.  And it was... (Continue reading)

Economy Watch: State of California Says Attorneys Stealing Smaller Sums

Tweet It wasn’t that long ago when you couldn’t get a practicing attorney to even consider stealing anything under seven figures from a client.  And the Ivy League law school grads wouldn’t be caught dead ripping off anything under eight... (Continue reading)

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Gov. Schwarzenegger Move Will Deprive Homeowners of Legal Representation When Negotiating Loan Modifications

The only group this provision helps is the bankers, and with the hundreds of billions of bailout dollars WE'VE GIVEN THEM, don't you think they've have enough going for them? Homeowners NEED help. Don't deprive them of their... (Continue reading)

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LOAN MODIFICATIONS: IS THIS WHAT I’M SUPPOSED TO BELIEVE??

USE YOUR HEAD. THIS MESS WASN'T YOUR FAULT. POOR PEOPLE WHO WANTED HOMES DIDN'T CAUSE THE WORLD'S BANKING SYSTEM AND WALL ST. TO FAIL. DON’T BE A SUCKER FOR THE BANKS... AGAIN.... (Continue reading)

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A Gangster Government: Is that what we’ve come to?

Rep. Michele Bachmann (R-Minn.) speaking on the House floor: Now weve moved into the realm of gangster government.... (Continue reading)

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