Posts Tagged ‘Countrywide loans’

I’ve Seen More for Homeowners from Bank of America than Any Other Servicer By Far

I've Seen More for Homeowners from Bank of America than Any Other Servicer By Far

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)

What Makes a Mortgage a “Bad Loan?” I’m Confused.

What Makes a Mortgage a “Bad Loan?”  I’m Confused.

Or do we only judge a loan to be "bad" after it defaults, and because it defaults? Assuming there are NOT predatory practices involved, is a loan "good" until it defaults and then it becomes "bad." And is... (Continue reading)

Goldman Sachs on the Pacific – Inside Countrywide with Michael Winston… A Mandelman Matters Podcast

Goldman Sachs on the Pacific - Inside Countrywide with Michael Winston... A Mandelman Matters Podcast

When Countrywide had aspirations to become "Goldman Sachs on the Pacific," they recruited Michael to help them get there. They may have appeared to understand when Michael spoke of the programs he would initiate, but soon it was quite... (Continue reading)

BREAKING NEWS: HAWAII PASSES SB 651 – NATION’S TOUGHEST FORECLOSURE BILL

BREAKING NEWS: HAWAII PASSES SB 651 - NATION’S TOUGHEST FORECLOSURE BILL

It's official! Just hours ago, the Great State of Hawaii's legislature has passed the nation's toughest foreclosure prevention bill, SB 651. The bill proved to have overwhelming support, with the senate voting to pass the bill, 23 to... (Continue reading)