Wednesday 15th January
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Republicans Preparing to Play Politics With HAMP
Written on 31 Jan, 2011 at 7:17
So, just curious... who woke up the House Republicans, a group who have otherwise been fast asleep these last two-plus years, at least as far as the foreclosure crisis is concerned. In point of fact, over the last two... (Continue reading)
California Appeals Court Rules Homeowners Can Sue Banks for Fraud Over Broken Loan Modification Promises
Written on 29 Jan, 2011 at 9:36
See... this is an excellent example of why I'm starting to think we've become too civilized a society. I was born back in Brooklyn, New York, I mostly grew up in Pittsburgh, and my wife's from the City... (Continue reading)
KA-BOOM! INVESTORS FILE SUIT: Bank of America, Countrywide and named executives committed “MASSIVE” SECURITIES FRAUD related to Mortgage-backed Securities
Written on 25 Jan, 2011 at 10:24
So, if the investors that are supposed to own the loans that are supposed to be assigned to the trusts say the notes were never assigned to them, and therefore they say they don't have the right to foreclose... how... (Continue reading)
$160 Million to DEFEND Fannie & Freddie? Now, if I could only find that damn rabbit hole I must have slid down…
Written on 24 Jan, 2011 at 10:42
So, we the taxpayers have spent $160 Million DEFENDING them? Defending them? Gretchen... I think you must have a typo there, right? Shouldn't the question be, how much are we spending to PROSECUTE them? I mean,... (Continue reading)
Do you need a lawyer to get a loan modified?
Written on 24 Jan, 2011 at 7:13
Qualified (and of course ethical) lawyers are infinitely better than the vast majority of homeowners for the same reason that I'm afraid of my wife, but I'm not afraid of yours... do you know what I mean by that? ... (Continue reading)
How Banks View Loan Modifications
Written on 23 Jan, 2011 at 13:29
They're manipulating you into feeling ashamed for being in trouble on your mortgage... but don't let them make you feel that way. It's not your fault... it's the banks that wear the black hats in this horror movie, make... (Continue reading)
UNDERSTANDING MARS – A Webinar on the FTC’s Final Rule – With Compliance Attorney, Julie Greenfield
Written on 23 Jan, 2011 at 11:00
Mandelman Matters decided to produce this important Webinar because this new Final Rule is something with which EVERYONE involved, either directly or peripherally, in helping consumers avoid foreclosure will need to understand inside and out. This new federal rule applies... (Continue reading)
Mandelman On the Radio with Danny Schechter, The News Dissector
Written on 22 Jan, 2011 at 11:00
Danny Schechter, The News Dissector (his radio show out of New York City) and I will be talking for the next hour about the foreclosure crisis and loan modifications and more. You can call in and join the dialog at... (Continue reading)
Mass Hysteria – The Iabanez Decision by the Massachusetts Supreme Court
Written on 22 Jan, 2011 at 10:50
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)
GMAC… Payments or Not, The Foreclosure Machine that Just Won’t Stop
Written on 15 Jan, 2011 at 1:55
The first time GMAC foreclosed on the couple's home was back in 2001. Totally current on their mortgage payments, it must have come as quite a shock. Once in foreclosure, GMAC wouldn't accept their monthly payments, so... (Continue reading)
U.S. Breaks Housing Price Decline Record Set During Great Depression
Written on 14 Jan, 2011 at 20:36
According to RealtyTrac, 1,050,500 homes we repossessed by banks last year.So, for those that think foreclosures are somehow a good thing, I guess congratulations are in order. For those not afflicted by such diminished cognitive abilities, I can only... (Continue reading)
Last person out, turn off the lights, and bring the flag…
Written on 13 Jan, 2011 at 15:13
The overriding theme was that this country missed the opportunity "to rein in (our) largest financial institutions," and they are now driving our national bus. Even in light of what's transpired over the last few years, we've allowed them... (Continue reading)
BRINGING UP THE REAR: Senate Minority Leader Mitch McConnell
Written on 12 Jan, 2011 at 20:40
He went from being a man of the people, to being the best friend Wall Street could ever have hoped for, and for that the Republicans accuse him of being a socialist, while the left accuses him of being too... (Continue reading)
Max Gardner Coming to Las Vegas: OPERATION STRIKE BACK THE BANKRUPTCY & FORECLOSURE BOOT CAMP
Written on 12 Jan, 2011 at 11:33
Max Gardner is Coming to Las Vegas... Friday, February 18, 2011 at 7:00 PM -through- Monday, February 21, 2011 at 3:00 PM to prepare troops for OPERATION STRIKE BACK... THE BANKRUPTCY AND FORECLOSURE BOOT CAMP. I've attended Max's Boot... (Continue reading)
The Orange County Bar Association’s LAST DASH 2011! Mandelman, Greenfield & Bellicini – Continuing education for attorneys offering loan modifications has never been this good!
Written on 12 Jan, 2011 at 11:08
Mandelman, Greenfield & Bellicini will address updated Obama Administration HAMP Modification Guidelines and non-HAMP programs offered by Servicers to assist financially-distressed homeowners along with addressing the compliance issues for attorneys who want to handle Mortgage Loan Modifications as part of... (Continue reading)
Obama to Cut $100 Million from Federal Budget! Yahoo!
Written on 12 Jan, 2011 at 8:49
So, I was sent this short video done by wimp.com, and I thought it was well worth sharing with everyone... ... (Continue reading)
Strategic Defaults Don’t Really Exist… Who would have thought that? Oh, that’s right… ME.
Written on 12 Jan, 2011 at 8:29
I don't like to do this, but I've been trying to point this nonsense out for so many months now, I can't even keep track. I didn't need a study to know this, I come up with my conclusions... (Continue reading)
A Heavy Summons: The tragic shooting of Rep. Gabrielle Giffords
Written on 10 Jan, 2011 at 0:10
Now, we are watching as the media attempts to garner viewership by covering the background of the assassin, and although no one knows the answer to why this happened, hypothesizing as to what could have motivated him to commit the... (Continue reading)
Finally, Housing Market Analysts Starting to Get It
Written on 8 Jan, 2011 at 21:47
Housing prices may someday be high again, like the way they were a few years ago, but that's a subject for the next generation, or even the one after that. It's not something for me, at 49 years old...... (Continue reading)
Ohio Judge Follows JPMorgan Chase’s Advice, Ends up in Foreclosure
Written on 8 Jan, 2011 at 1:09
Judge Sikora, who was elected in 2008 as president of the Ohio Association of Juvenile Court Judges, said he was surprised when right smack dab in the middle of his negotiations with JPMorgan Chase, the bank went ahead and filed... (Continue reading)
A Nation So Utterly Divided…
Written on 6 Jan, 2011 at 11:45
And not only are we splitting off in more directions than the London subway, but I'm afraid too many of us have started to like it that way. It's become a badge of honor for some people. ... (Continue reading)
Florida AG Pam Bondi Presentation on Foreclosure Fraud
Written on 6 Jan, 2011 at 0:33
And forgetting the homeowners for a moment, if these financial institutions are capable of this type of fraud, how can we or others around the world ever trust them. ... (Continue reading)
I Have Several Questions for Mortgage and Real Estate Experts…
Written on 5 Jan, 2011 at 19:35
There is no "market," right? We really don't know how low prices have already gone down to, because if the foreclosures were on the market or if banks were actually kicking all the people out that haven't made payments... (Continue reading)
SIGN THIS! StopServicerScams.com Petition Will Go to Geithner, Bair, Bernanke, and Walsh!
Written on 4 Jan, 2011 at 0:45
PLEASE SIGN THIS yourself... but also could you please put in the extra effort and forward it to everyone you know that will also want to sign it? PLEASE? Post it on your Facebook page, your LinkedIn page...... (Continue reading)
Geithner Won’t Quit in Battle Over Elizabeth Warren – WE NEED YOU NOW!
Written on 1 Jan, 2011 at 12:49
I didn't realize it was liberal to want to see someone put a stop to the kind of abusive lending behavior that has stripped the middle class of just about everything they had. I guess conservatives are now the... (Continue reading)