February, 2014

GUEST POST: Mortgages, now in the hands of specialty servicers, means trouble for homeowners and investors.

GUEST POST: Mortgages, now in the hands of specialty servicers, means trouble for homeowners and investors.

During the past 12 months, the rights to service millions of home loans have been shifted from large banks like Bank of America, Wells Fargo, Citigroup and Chase to specialty loan servicers like Ocwen Home Loan Servicing, Nationstar and SPS,... (Continue reading)

All the News that Can Confuse ““ Housing Market News Up and Down at the Same Time

All the News that Can Confuse

On any given day, the numbers of contradictory headlines about housing markets and foreclosures are enough to present a serious health risk to anyone reading them. ... (Continue reading)

Homeowner Loan Mod Success Story with JPMorgan Chase… and Mandelman Matters

Homeowner Loan Mod Success Story with JPMorgan Chase... and Mandelman Matters

And I have to admit that when I received the letter below, it brought a few tears to my eyes... and felt really good to know I had been able to help, but the credit really belongs to JPMorgan Chase... (Continue reading)

FDIC Shared Loss Agreements Did NOT Pay Off Your Loan (No Matter What AZ Court Seems to Think)

FDIC Shared Loss Agreements Did NOT Pay Off Your Loan (No Matter What AZ Court Seems to Think)

It's remarkable, if you think about it, how many people are supposedly trying to pay off your underwater mortgage once you've stopped making your mortgage payments. It's like there's a rush to pay off your mortgage once you default on... (Continue reading)

We’ve Solved a National Foreclosure Crisis Before, Why Not Now?

We've Solved a National Foreclosure Crisis Before, Why Not Now?

A large part of this protracted recession it said is due to households trying to reduce their debt levels, which in turn leads to less spending in the economy, driving the recession deeper and further.... (Continue reading)

Good News About Housing Recovery… Your Kids Will be Living With You for a Long Time

Good News About Housing Recovery... Your Kids Will be Living With You for a Long Time

So, if you add it all up, there's only one way that U.S. housing markets are recovering... Magical thinking!... (Continue reading)

Homeowner Alert: Scammer Masquerades as Bank, Offers Fake Loan Mods

Homeowner Alert: Scammer Masquerades as Bank, Offers Fake Loan Mods

Now there are scammers masquerading as banks, offering FAKE LOAN MODIFICATIONS... and if that weren't bad enough, the fake mods require homeowners to pay thousands of dollars for nothing.... (Continue reading)

Uncertainty in the Loan Mod Process is Barrier to U.S. Economic Growth

Uncertainty in the Loan Mod Process is Barrier to U.S. Economic Growth

Once a mortgage is underwater... should you get hit with a life event such as a divorce, illness, injury, job loss or income reduction... you can't sell your home... and you can't borrow against it to help you get through... (Continue reading)

Eminent Domain Part 3 with Cornell Law’s Professor Robert Hockett – A Mandelman Matters Podcast

Eminent Domain Part 3 with Cornell Law's Professor Robert Hockett - A Mandelman Matters Podcast

Eminent domain means taking over underwater loans and writing them down for homeowners. Professor Robert Hockett authored the plan, and is consulting with cities all over the country now considering using eminent domain to save their cities from becoming...... (Continue reading)

Eminent Domain to Solve the Housing Crisis – PART 2 with Prof. Robert Hockett

Eminent Domain to Solve the Housing Crisis - PART 2 with Prof. Robert Hockett

Eminent domain is not only being considered as a solution to the housing crisis by Richmond, California... there are now some TWO DOZEN CITIES across the country considering the plan authored by Professor Robert Hockett of Cornell University Law School.... (Continue reading)

Pittsburgh in the 1970s – Terrible Times & Terrible Towels

Pittsburgh in the 1970s - Terrible Times & Terrible Towels

But watching them... well, it's just never been the same as it once was, back in the days when the Pittsburgh Steelers dominated the NFL, and commanded the attention, respect and adoration of a city to such a degree that... (Continue reading)

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