Posts Tagged ‘California Mortgage Bankers Association’

Did Some Type of Insurance or Credit Default Swap Pay Off Your Mortgage?

Did Some Type of Insurance or Credit Default Swap Pay Off Your Mortgage?

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)

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9.9 Earthquake in Default Servicing Turns California Into Judicial Foreclosure State

9.9 Earthquake in Default Servicing Turns California Into Judicial Foreclosure State

So... even though many may still tell you that California is a non-judicial foreclosure state... they're wrong and I'm calling it now... for all intents and purposes California's future is as a judicial foreclosure state.... (Continue reading)

CAR- California Assn. of Realtors Tries to Kill Homeowners Bill of Rights

CAR- California Assn. of Realtors Tries to Kill Homeowners Bill of Rights

Let's let C.A.R. know that even though many of us may be losing homes today, that doesn't make us deadbeats... it makes us strong... it makes us focused... and it makes us remember who was and who wasn't on our... (Continue reading)

SB 729 Fails – California Homeowners Get Banked but not Kissed Once Again

SB 729 Fails - California Homeowners Get Banked but not Kissed Once Again

California Senate Bill 729 failed to pass in the Senate Banking Committee for the second time in the last two weeks.  In a related story, it seems that the rights of chickens have suffered yet another blow, with the Chicken... (Continue reading)

RED ALERT: Mortgage Bankers Strongly Oppose New Foreclosure Bill in California – SBX8 38

RED ALERT: Mortgage Bankers Strongly Oppose New Foreclosure Bill in California - SBX8 38

I have but one thing to say to the Mortgage Bankers Association... Kush meer in toches. You can figure that one out without a Yiddish dictionary, right?... (Continue reading)