Wednesday 15th January
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Loan Modifications: Obama’s Part of Problem, Not Solution
Written on 29 Nov, 2009 at 6:53
President Obama... we haven't heard from you on the housing and foreclosure crisis since last spring when you gave a speech to adoring and cheering crowds. You set their expectations way above what your program delivers, your administration has... (Continue reading)
Speech By Asst. Treasury Sec. Barr on President’s Plan to Strengthen Housing Sector… with commentary by Mandelman
Written on 29 Nov, 2009 at 0:52
Barr's predominantly an academic. He taught at the University of Michigan Law School, was a Senior Fellow at the Center for American Progress and at the Brookings Institute, and it looks like he's co-written a couple of books with... (Continue reading)
Why Banks Are Better at Making Loans Than Modifying Them
Written on 26 Nov, 2009 at 4:51
I thanked my new present value oriented friend and hung up. Next I would need to find a homeowner whose loan had been modified directly by the bank as a result of their request. This wasn't easy. Lots of refinancing,... (Continue reading)
JUDGING INDYMAC – New York Supreme Court Judge Finds IndyMac’s behavior “repugnant, shocking, repulsive and completely devoid of good faith”.
Written on 24 Nov, 2009 at 12:52
IndyMac/One West Bank... Mortifying abuse... completely devoid of good faith... harsh, repugnant, shocking and repulsive. Bravo, Judge Spinner... Bravo! When I read it for the first time, it literally brought tears to my eyes. ... (Continue reading)
In Case You Missed the Webinar for Law Firms…
Written on 24 Nov, 2009 at 4:12
I absolutely assure you that you will not be seeing or hearing anything you've seen or heard before. It's original thinking from Mandelman Matters, and it's based on a year of in-depth research into everything related to the foreclosure... (Continue reading)
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... (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 - 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)
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)
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)
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)