Wednesday 15th January
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The National Debate Over Loan Modification Re-defaults is Stupid
Written on 30 Jul, 2013 at 8:45
Not surprisingly, the combined effect of the three high-profile reports on borrower performance after having their loans modified, made headlines that have sparked a national debate... yet again. It was a stupid debate back in 2009, and it's an even... (Continue reading)
Homeowner Says Martin Andelman Helped Save Home After She Was Scammed Three Times
Written on 24 Jul, 2013 at 20:48
He did not take advantage of us, he worked with us without charging us any money! He gave us hope and made our dream come true. Home loan modifications do work you just have to have the right... (Continue reading)
Hawaii Homeowner Writes to Thank Mandelman for Helping with Bank of America Loan Modification
Written on 22 Jul, 2013 at 23:17
Diane and John Bobek, homeowners in Hawaii that I was able to help with their Bank of America mortgage, writes to thank me. ... (Continue reading)
Why I haven’t written about the declarations by ex-Bank of America employees.
Written on 22 Jul, 2013 at 8:30
I'm watching a fight for millions in cash that involves banks, pissed off ex-bank employees, and class action lawyers... and I'm supposed to be able to pick out which one is telling the most truth? Isn't that like asking... (Continue reading)
Homeowner Nancy Frost Says Mandelman Made Loan Modification at Bank of America Work For Her
Written on 21 Jul, 2013 at 23:04
It's far from being the only time I've seen Bank of America do something like this when no one is watching. I truly believe that they made the decision to buy back the Frost's loan from Fannie, because they... (Continue reading)
Fannie, Freddie and FHA Finally Increase Homeowners’ Ability to Modify Mortgages
Written on 18 Jul, 2013 at 9:24
Ladies and Gentlemen... finally... ... after five years of sheer torture... introducing a "No-Doc" loan mod. The FHFA says modified interest rates will be FIXED... terms will extend to 40 years... and some borrowers won't be required to pay... (Continue reading)
Attorney Argues “Produce the Note” and Makes a Bad Situation Worse for Homeowners Facing Foreclosure
Written on 16 Jul, 2013 at 22:54
What happened here is not an example of homeowners fighting to keep their homes... it's not an example of foreclosure defense at all. It's only an example of how what's happening on the homeowner's side of this fight, can... (Continue reading)
A Sword in a Field – Correlation is Not Causation
Written on 16 Jul, 2013 at 12:57
It's easy to misinterpret something about this crisis. But, it's important that we try to guard against that happening whenever possible for all sorts of reasons, not the least of which is that being wrong means wasting time that... (Continue reading)
Creative Uses for Reverse Mortgages… That You’ve Probably Never Considered
Written on 16 Jul, 2013 at 4:07
I can't think of anything that's anything like a reverse mortgage. And the more I think about how they work and can be structured, the more uses for them come to mind. For example, one of the best... (Continue reading)
Need Answers from Bank of America About Your Mortgage? Then I Think You Should Show Up Here.
Written on 14 Jul, 2013 at 20:08
Being behind on your mortgage is never any fun, but don't listen to those that would have you believe that the loan modification process hasn't changed at Bank of America over the last few years because they're wrong... it's much... (Continue reading)
An Invitation to All California Homeowners That Need Help with Bank of America Loans… “¨
Written on 10 Jul, 2013 at 19:41
So, please... accept this invitation from me and from Bank of America... click the link below and make a reservation to attend one of the upcoming homeowner events. Come and meet me and the loan resolution team specialists at... (Continue reading)
Foreclosures Impact One in 10 Children in this Country Today, Report Shows
Written on 10 Jul, 2013 at 14:49
No matter, the more important conclusion reached by the report is that, "Nearly four years later, the problem shows no signs of abating." And isn't that just a lovely thought that made me throw up in my mouth a... (Continue reading)
Our Foreclosure Story Ended Happily because of Martin Andelman and Bank of America
Written on 9 Jul, 2013 at 22:10
Although I'm still not sure why, one moment we were packing our home into boxes and the next Bank of America had bought back our loan from Freddie Mac and given us the loan modification we had prayed to get... (Continue reading)
State of North Carolina Foreclosure Resource Links
Written on 9 Jul, 2013 at 16:23
This Page Sponsored By… Brian F. Chapman The Law Office of Brian F. Chapman 113 N. Center St. Suite 103 Statesville, NC 28677 Ph. 704-380-2039 Email: brian@chapmanlawonline.com STATE OF NORTH CAROLINA GOVERNMENT RESOURCES: Commissioner of Banks Ray Grace Department of... (Continue reading)
I’ve Seen More for Homeowners from Bank of America than Any Other Servicer By Far
Written on 9 Jul, 2013 at 5:44
One homeowner that I contacted Bank of America about, a disabled vet, ended up with a fixed interest rate of one tenth of one percent for forty years. And on more than one occasion, I saw the bank buy... (Continue reading)
My Experience with Bank of America, Martin Andelman and Getting My Loan Modified
Written on 8 Jul, 2013 at 20:26
I wrote this to you and other homeowners because I've been a witness to what Martin's help can lead to and what a homeowner can accomplish even when that homeowner has stopped believing that anything can work. Just because... (Continue reading)
U.S. Fifth Circuit Court of Appeals Rules Foreclosing in Texas Without the Note is Okay
Written on 8 Jul, 2013 at 17:47
Specifically, the Fifth Circuit held that the split-the-note theory, "is inapplicable under Texas law where the foreclosing party is a mortgage servicer and the mortgage has been properly assigned," adding that, "the party to foreclose need not possess the note... (Continue reading)
SAFE MONEY INVESTING: An Interview with Mike Moorhead of Tippett Moorhead
Written on 8 Jul, 2013 at 13:31
why aren't we all saving more? We know we're not getting younger. Why aren't we all doing more to put money away to ensure a more secure financial future? Maybe not a lot more... but why not... (Continue reading)
Did Some Type of Insurance or Credit Default Swap Pay Off Your Mortgage?
Written on 3 Jul, 2013 at 7:24
I recently saw someone online saying that as a result of multiple insurance payouts a bank could receive millions of dollars on a $200,000 loan that went into default. It's just not true. There are lot's of reasons why... (Continue reading)