Thursday 9th May
Home » Archives
David Min, Part 3 – Housing’s Recovery… Fact or Fiction? A Mandelman Matters Podcast
Written on 22 Feb, 2013 at 7:39
We've lost more than five million homes to foreclosure since 2008, and according to all published data at the end of 2012, we've got millions more seriously delinquent or at risk... but somehow housing is defying all laws of economics... (Continue reading)
End of Credit Markets to Beginning of Bailouts with D.C. Insider, David Min – A Mandelman Matters Podcast
Written on 18 Feb, 2013 at 9:29
David takes us through concise and easy to understand explanations of most of the major events since the meltdown began on July 10, 2007... the day the credit markets went into a deep freeze that continues to this day. ... (Continue reading)
About foreclosures, our housing markets, and economic recovery… oh, and lying.
Written on 14 Feb, 2013 at 22:01
Then how in the world can we be "at the bottom," of housing price declines or starting to see ANY sort of "housing recovery" as the MORONS in the media are also reporting TODAY, after receiving your press releases?... (Continue reading)
SCAM PREVENTION PODCAST: What Isn’t Working for Homeowners Facing Foreclosure Today?
Written on 6 Feb, 2013 at 3:59
Foreclosure defense attorneys Matt Weidner and Tom Cox tell Mandelman what's working and what's not for homeowners in foreclosure courts. ... (Continue reading)
View from Inside the Financial Crisis with Former Treasury Chief Economist Phillip Swagel – A Mandelman Matters Podcast
Written on 9 Jan, 2013 at 9:27
Here's your first chance to listen to Phillip Swagel on a Mandelman Matters Podcast... he'll be back again... but you don't want to miss this one because we won't be going backward in time, so click PLAY below and listen... (Continue reading)
Attorney Bruce Levitt on Saving Homes from Foreclosure in New Jersey – A Mandelman Matters Podcast
Written on 17 Dec, 2012 at 11:22
New Jersey foreclosure defense attorney Bruce Levitt on this Mandelman Matters Podcast tells you what's working and what's not... and how he thinks you are most likely to save your New Jersey home from foreclosure.... (Continue reading)
Colorado Failing… Foreclosures By Wink, Nod or Text Message
Written on 14 Dec, 2012 at 9:50
Known as the “statement of qualified holder,†it doesn’t require a lawyer to look at anything that shows the bank holds the original mortgage, but even more stunning is that it also provides lawyers with complete absolution from any wrongdoing... (Continue reading)
Homeowners: Start Your Emails… This is Your Chance for $50 Billion Principal Reductions
Written on 13 Dec, 2012 at 11:22
Please take this chance to make your voice heard, and tell everyone you know whose home is underwater they should do the same. We screamed our heads off about AIG bonuses, both in the streets and in the tens... (Continue reading)
BYE-BYE DEMARCO! Obama to Replace Director of FHFA
Written on 11 Dec, 2012 at 2:55
The mortgage market is not just dominated by the government, the mortgage market is the government, and that’s not just here in the US, it’s everywhere. Governments are the lenders of ONLY resort. ... (Continue reading)
Talking Up the Housing Market? Yada, Yada, Yada… Talk is Cheap
Written on 30 Nov, 2012 at 6:32
The fact that there are properties at the very bottom that appear to have increased in price by a few points is no indication that housing is recovering. ... (Continue reading)
What Can DocX’s Brown Do for LPS, Besides Forge a Million Documents
Written on 25 Nov, 2012 at 14:37
Is that what I’m to believe? She hid it from LPS. For SIX years. A million documents. And the whole time, LPS must have just thought she was great at getting the signatures she... (Continue reading)
LPS Data Shows Ups and Downs of the Foreclosure Crisis
Written on 23 Oct, 2012 at 17:59
LPS also reports that as of September, 3.7 million loans were at least 30 days delinquent, but not yet in foreclosure…. and 1.53 million loans were at least 90 days delinquent, but not yet in foreclosure. Almost two million... (Continue reading)
Why I Didn’t Want to Watch the Presidential Debate Last Night
Written on 23 Oct, 2012 at 6:23
It’s foreign policy night but although each question starts out overseas, it ends up buried in our flaccid economy somewhere near Cleveland. Romney points out that Obama can’t seem to buy jobs let alone create them. ... (Continue reading)
Foreclosure Crisis Almost Over – It’s Magically Delicious
Written on 22 Oct, 2012 at 7:21
So, if the normal market had 100 buyers, where there used to be 66 repeat buyers, now there will only be 33. Where there were 25 first timers, now there will only be 12. Are you getting the... (Continue reading)
The Trillion Dollar Mistake That Triggered the Economic Meltdown
Written on 17 Oct, 2012 at 9:45
What could Mr. Bernanke and others have done differently? Addressed the real cause of the crisis, the lost trust part... by announcing that the U.S. government would be stepping into the bond market and guaranteeing the investment grade bonds…... (Continue reading)
Foreclosures Are Down? RealtyTrac VP, Daren Blomquist – The Definition of Obtuse
Written on 12 Oct, 2012 at 7:42
What everyone continues to overlook is the impact that foreclosures continue to have on new foreclosures. We’ve got supposed experts yammering about how we’ll have some set number of foreclosures and then we’ll be through this mess. But... (Continue reading)
Katherine Porter to Make Sure Homeowners Get What Servicers Promised – A Mandelman Matters Podcast
Written on 4 Oct, 2012 at 9:27
Back in April of this year, they were granted 180 days to get their servicing operations ready to comply with the new standards, and as of yesterday, they'll be held to the 304 new rules for addressing the needs of... (Continue reading)
It’s National Mortgage Servicers Settlement Compliance Day!
Written on 3 Oct, 2012 at 18:32
Per the settlement agreement, Smith will be testing the servicers adherence to the new rules using 29 defined metrics to assess such breaches as improper trustee sales, wrongful denial of modification, the use of fraudulent affidavits in the foreclosure process,... (Continue reading)
When Will the Pivotal Nature of the Foreclosure Crisis be Understood
Written on 2 Oct, 2012 at 1:08
Once you’re underwater, however, as at least half of homeowners are today, you can’t borrow against your home’s equity, nor can you sell your home, so any of those life events are likely to hit you where you live. ... (Continue reading)
Special Foreclosure Defense Boot Camp with Max Gardner – October 12-14
Written on 15 Sep, 2012 at 10:02
Condensed into 3 powerful days. Less expensive. Last one for year. Coming up October 12-14.... (Continue reading)
PREVIEW: Neil Barofsky talks BAILOUT on a Mandelman Matters Podcast
Written on 3 Aug, 2012 at 1:34
Neil Barofsky is a name I'll never forget, and it won't be hard for anyone to understand why that's the case when I tell you the reason why. Neil was the Special Inspector General for the Treasury’s Troubled Asset... (Continue reading)
Special Report for Oregon Homeowners – A MM Podcast With Portland Attorney Clarke Balcom
Written on 31 Jul, 2012 at 5:49
Everybody says the new law and recent decision are going to provide protections and in general make things better for Oregon's homeowners at risk of foreclosure., and for the people of thee state as a whole. They're wrong.... (Continue reading)
GAO Study Finds OCC Foreclosure Review too Hard for Us to Understand
Written on 25 Jul, 2012 at 8:22
The GAO’s report, released earlier this month concluded that the OCC simply made submitting a complaint too difficult for us to understand. We couldn’t figure it out. It was over our collective heads. And so, completely... (Continue reading)
Understanding Elite Fraud and the Mortgage Meltdown with William K. Black – A MM Podcast
Written on 21 Jul, 2012 at 10:08
Why has no one at the top been investigated or prosecuted for fraud or anything else for that matter as related to the financial meltdown that has destroyed trillions of dollars in consumer wealth? Especially when William K. Black's... (Continue reading)
Scott Stafne for Washington State Supreme Court – A Mandelman Matters Podcast
Written on 12 Jul, 2012 at 10:10
Washington State consumer attorney Scott Stafne is running for a seat on the State Supreme Court in the State of Washington. Why is he running, and why should you care regardless of where you live... click play and listen... (Continue reading)
Attention DOERS… You DID IT Again! SunTrust Responds.
Written on 1 Jul, 2012 at 0:43
Marty said that the SunTrust Bank executive said they should be able to do something to prevent her from losing her home. Marty said it was the first time in four years that she felt like someone was actually... (Continue reading)
Chase? Hello? Mr. Dimon? Are You Really Going to Do This to a Single Mom in this Situation?
Written on 29 Jun, 2012 at 17:07
It was a bad path to be on, as things turned out, but she didn’t know that for about 18 months. Right up until the day Chase sold her home without any real notice, Chase kept saying that they... (Continue reading)
Loan Modifications Stop Foreclosures, Study Shows. DOER ALERT!
Written on 29 Jun, 2012 at 9:33
Don't have time right now? MAKE TIME RIGHT NOW. Read this and DO SOMETHING.... (Continue reading)
CAR- California Assn. of Realtors Tries to Kill Homeowners Bill of Rights
Written on 28 Jun, 2012 at 22:53
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)
OCC Raises the Stakes to Lure Homeowners? Right?
Written on 25 Jun, 2012 at 17:30
Anyway, so that's the deal... $500 to $125,000... PLUS EQUITY! It makes it sound like the worst you can do, assuming you get past the qualifying round, is the $500, right? Five hundred's not bad, I suppose. ... (Continue reading)
Two Weeks in the Life of Mandelman Matters
Written on 25 Jun, 2012 at 6:45
It’s hard to describe what I do when I say I help homeowners. I’m not a lawyer and I never offer anything close to legal advice. I'm not a mortgage expert either. I think my value is... (Continue reading)
Elizabeth Warren Asks Netroots Nation a Question. Problem is, I think the answer is NO.
Written on 18 Jun, 2012 at 5:03
The real point is that we don't deserve someone like Elizabeth Warren and likely won't get her or anyone like her until we can answer her question about being ready with a resounding YES! and really mean it, as in... (Continue reading)
We’re Being Fed a Steady Diet of Econocrap
Written on 16 Jun, 2012 at 18:39
Overall, the point I’m making is that I don’t really care that the government wants to pay Scrabble-type word games with the word “recession†or “recovery.†I don’t care how they want to screw around with the unemployment rate... (Continue reading)
Just Another Wells Fargo Tale. Mr. Stumpf, With All Due Respect…
Written on 15 Jun, 2012 at 10:15
Wells Fargo denied her application for a loan modification after roughly 18 months of trying. The letter said, “we carefully reviewed your… blah, blah, blah… and the investor has declined to modify your mortgage.†... (Continue reading)
Things I think homeowners should know about loan modifications & HAMP-2
Written on 14 Jun, 2012 at 6:58
I’m not saying that HAMP is the best solution I could come up with, but under the circumstances, I don’t see anything better… or frankly anything close as far as keeping people in homes. I end up helping a... (Continue reading)
Arizona Supreme Court Ends the Argument – No Note Needed to Foreclose
Written on 12 Jun, 2012 at 16:13
It’s worth noting that in this case, the borrower did not allege that the two Banks had right to enforce the notes, only said the notes had to be shown, and the Court simply ruled that no such requirement was... (Continue reading)
What is Ed DeMarco Thinking?
Written on 10 Jun, 2012 at 17:48
Edward DeMarco of the FHFA is the conservator for the GSEs, Fannie Mae and Freddie Mac. At this point the president, the Secretary of the Treasury, and many in congress have asked him about participating in anything... HAMP, principal... (Continue reading)
Should States Use Settlement Money for Deficits or Housing? Oh, So What and Who Cares?
Written on 8 Jun, 2012 at 19:02
When I saw the very first state make a grab for the settlement cash allegedly headed the state’s way, I laughed and vowed not to let it get to me. Mandelman Matters, after all, only writes about things that... (Continue reading)
Inside the Mind of JPMorgan Chase CEO, Jamie Dimon
Written on 6 Jun, 2012 at 22:21
What goes on in Jamie Dimon's head? He loses billions in a few weeks and then goes on Sunday morning talk shows looking like he's just written a cookbook or whatever, saying that he's getting tired of people hating... (Continue reading)
What the Fed Chief is Thinking…
Written on 30 May, 2012 at 9:41
Federal Reserve Chief Ben Bernanke communicates more than any of his predecessors, but have you found yourself increasingly wondering what in the world the man is thinking behind that shiny dome and professorial facial hair?... (Continue reading)
Thankfully, FHFA & Banks Killed Homeowner Bill of Rights
Written on 23 May, 2012 at 4:54
This makes the third year in a row that the banking lobby has said a resounding no to any sort of change that's supposed to protect homeowners from abusive foreclosure practices. Why do we keep doing this? Haven't... (Continue reading)
A Letter to Brian Stevens at TBWS: We Need More Houses?
Written on 15 May, 2012 at 8:18
Just to make sure I understand what you said there… the problem is that there aren't enough homes for people to buy? We're having a shortage of houses for sale, are we? Wow… you know, I was sleeping... (Continue reading)
Finally, Jamie Dimon and I Agree on Something
Written on 11 May, 2012 at 3:03
Oh, good Lord. We’re still doing this sort of thing, huh? Some guy at JPMorgan Chase in London was gambling with credit default swaps, no one was watching, and next thing you know the bank was down $2... (Continue reading)
Former NACA Home Save Counselor Says Commissions Create Complaints
Written on 9 May, 2012 at 15:51
I’m not sure why, but meeting with a “Home Save Counselor†doesn’t make me feel like I’ll be talking with a commissioned salesperson who will be potentially making up to $1,000 on my loan modification case? A “Home Save... (Continue reading)
California Homeowner in Foreclosure Wins Quiet Title – It’s a Free House!
Written on 7 May, 2012 at 7:11
For one thing, filing quiet title did work out well for Denise Saluto, and since I would never have predicted it happening in her case, I’m certainly not going to tell you it won’t happen again in yours, because as... (Continue reading)
Debt Forgiveness – The IMF, Iceland, and the U.S. of the 1930s all say it works
Written on 7 May, 2012 at 6:25
Iceland’s mortgage write-down program happened as a result of thousands of its citizens taking to the streets demanding that something be done about the debts the people had incurred buying homes during the bubble at what turned out to be... (Continue reading)
White Powder in Envelopes Mailed to Wells Fargo in NYC – Idiots happy it’s not toxic
Written on 1 May, 2012 at 10:21
AP reported that the powder in the envelopes caused evacuations at bank branches, but no injuries, as if that last part mattered in the least. Idiots appear to be happy that the powder was found to be cornstarch… as... (Continue reading)
DOER UPDATE: Patricia Martin v. Wells Fargo – Court Grants Injunction, Injustice on Trial Ahead
Written on 1 May, 2012 at 8:06
Zanides estimates that the bank has spent a significant amount already on legal fees and now is certain to spend a whole lot more. Patricia Martin’s home is worth no more than $275,000. How can it be worth... (Continue reading)
An Important Message about 2012 for both President Obama & Mitt Romney
Written on 30 Apr, 2012 at 8:15
In 2012, the road to the White House runs directly through the states hardest hit by the foreclosure crisis, most notably Ohio and Florida, but also Michigan, Nevada, and North Carolina, et al. For the Obama campaign, I would... (Continue reading)
30 Minutes of Talking: Has Housing or Our GDP Hit Bottom?
Written on 29 Apr, 2012 at 2:49
This week on 30 MINUTES OF TALKING I'm looking at the contradictions that are being thrown at us almost every day now... this past week it was the housing market that hit bottom, according to quite a few. But... (Continue reading)
We know they’re not evil, because they’re simply not smart enough to be evil.
Written on 23 Apr, 2012 at 14:06
The European bankers are no different than is the FHFA, which is led by Ed DeMarco, the guy stopping Fannie and Freddie from reducing principal balances of mortgages. He says he won’t do it because his job is to... (Continue reading)
Thinking Out Loud… Über-Trendy Rich New Yorkers & Ethiopian Cuisine
Written on 22 Apr, 2012 at 9:34
Doesn’t it just figure that in this country, where we have so much food we that throw away inconceivable amounts on an hourly basis and literally pay farmers millions of dollars not to grow stuff… that we’d have trendy intellectuals... (Continue reading)
Introducing 30 MINUTES OF TALKING – A Mandelman Matters Podcast
Written on 20 Apr, 2012 at 19:46
This week's show focuses on the Obama Administration's handling of the foreclosure and housing crisis, by examining the statements made during the press conference the administration held to announce the settlement between the 49 state attorneys general and the five... (Continue reading)
Federal Judge Magner: Wells Fargo’s Behavior “Highly Reprehensible”
Written on 19 Apr, 2012 at 5:59
I can tell you that I receive more complaints about Wells Fargo refusing to approve loan modifications than any three other mortgage servicers combined. But then, Wells did modify one of the homeowners I wrote about a few months... (Continue reading)
Crimes of Hubris, Ineptitude & Folly: Geithner, Summers and Obama
Written on 18 Apr, 2012 at 11:15
Decisions made by Larry Summers have been disastrous for this nation… that much is abundantly clear. Tim Geithner’s been no peach either. Together their folly has cost our country incalculable amounts of money, but further, they have caused... (Continue reading)
Hawaii Court rules: No valid assignment means Deutsche has no standing to foreclose
Written on 5 Apr, 2012 at 21:59
Tweet Last week, Hawaii homeowners at risk of foreclosure had reason to be pleased. Not ecstatic… not jubilant… and certainly not electrified, as other bloggers have intimated might be appropriate. The decision is not cause for any of those emotions…... (Continue reading)
GUEST POST: A Letter to President Obama, from James Deal, Attorney at Law
Written on 29 Mar, 2012 at 11:28
I write to identify a policy change that would add trillions of dollars of liquidity to the housing market overnight. It would stimulate home sales, stabilize home prices, and reduce the number of home foreclosures.... (Continue reading)
MUST SEE TV: WA State Supreme Court Hears Arguments in Case Against MERS
Written on 29 Mar, 2012 at 11:07
The video below puts you in the courtroom to watch as both sides of the debate present oral arguments related to MERS’ involvement in the foreclosure process in front of the nine justices of the Washington State Supreme Court.... (Continue reading)
MM PODCAST: From Fannie Mae to FHA – Edward Pinto Wants Government Out of Housing Finance
Written on 28 Mar, 2012 at 20:50
On this Mandelman Matters Podcast, I ask Ed about the results of his extensive research into the FHA, which he refers to as the "new sub-prime," and "the next bailout." His extensive study of the FHA's data in terms... (Continue reading)
If WE owned a pool of loans… would WE allow principal reductions?
Written on 27 Mar, 2012 at 10:12
To really understand what happens when trying to determine the present and future value of a pool of loans within a mortgage-backed security, let’s put ourselves in the place of the investors… we’ll be investors together… and we’ll want to... (Continue reading)
You’ve got to give it up for the Spaniards… unless they’re bankers.
Written on 26 Mar, 2012 at 19:11
Clearly, today’s news from Spain shows that when it comes to protesting, Americans have lost some of our creativity and are simply not up for it as often as we once were. Frankly, many have expressed concern about... (Continue reading)
Max Gardner & Nye Lavalle Together in Concert – A Mandelman Matters Podcast
Written on 22 Mar, 2012 at 21:04
Having Nye Lavalle and Max Gardner together is a rare event. Together, they would have to be considered the founding fathers of today's foreclosure defense movement, so this is an opportunity to learn how it all began and where... (Continue reading)
GUEST POST: Good for the Banks, Good for the Borrowers by Law Professor, Lauren E. Willis
Written on 21 Mar, 2012 at 11:52
With so many Americans removed from the pool of potential buyers, those who own their homes with smaller mortgages or outright cannot sell their homes for decent prices, trapping them too in place and forcing some to delay retirement. The... (Continue reading)
Bringing Up the REAR – Charles Gasparino, Fox Business Network
Written on 21 Mar, 2012 at 10:14
Also, I’m wondering something… when you say that, “foreclosures are a necessary ingredient to the housing market’s recovery,†how many do you figure we’re going to need in order to "recover?" ... (Continue reading)
Frank & Brian in Arizona for Spring Training: Think… Not, Work… Not.
Written on 21 Mar, 2012 at 7:42
Who knows... trying to pick the bottom has long since proven itself to be a fool's errand anyway, right? It certainly should have by now. My advice would be to buy on the way up. Missing the... (Continue reading)
Atty. Bruce Levitt of Kemp v. Countrywide – A Mandelman Matters Podcast
Written on 20 Mar, 2012 at 11:07
Join me and New Jersey bankruptcy and foreclosure defense attorney, Bruce Levitt as we talk about Kemp v. Countrywide, a much anticipated New Jersey Supreme Court from 2010 that really made it clear that there were some problems with the... (Continue reading)
Wells Fargo Warns Shareholders – it’s own behavior may hurt the bank’s performance.
Written on 8 Mar, 2012 at 12:05
Negative public opinion could result from our actual or alleged conduct in any number of activities, including mortgage lending practices, servicing and foreclosure activities, corporate governance, regulatory compliance, mergers and acquisitions, and disclosure, sharing or inadequate protection of customer... (Continue reading)
New Jersey Supreme Court’s Guillaume decision meaningless – Should foreclosure defense rethink its strategy?
Written on 1 Mar, 2012 at 11:02
Why is there no effort to hold the administration and member of Congress accountable for what has clearly been their failure related to the federal government’s loan modification initiative? Why are we accepting such utter failure and holding them... (Continue reading)
Atty. Gen. Kamala Harris ASKS Fannie and Freddie to Stop Foreclosing
Written on 29 Feb, 2012 at 8:16
Actually, I don’t even know if she can pull off that angry black woman thing, but that’s exactly what we need at a time like this. You think Weezy Jefferson would be putting up with some nerdy pasty white... (Continue reading)
Economy Recovering? No, it’s not. Housing? NO. Unemployment? NO. Stock Market? NO.
Written on 27 Feb, 2012 at 15:18
So… housing is not, not, not at bottom, – check. Unemployment not improving – check. And does the stock market at 13,000 mean something to the economy? Nothing good – check.You might want to bookmark this page, so... (Continue reading)
Bank sues itself, wins, and then forces itself into bankruptcy to satisfy judgment
Written on 27 Feb, 2012 at 13:54
So, why did I write this? Because it makes just as much sense as everything else that’s going on in this country, and at least it made me smile. ... (Continue reading)
Best Picture Nominees Meet the Foreclosure Crisis at the 84th Annual Academy Awards
Written on 26 Feb, 2012 at 22:02
The foreclosure crisis is seeping into our society everywhere. Or, at least it soon will be... ... (Continue reading)
Insider Says Wells Fargo’s Independent Foreclosure Review for OCC is “a Sham”
Written on 24 Feb, 2012 at 0:11
What follows is a podcast featuring the "whistle blower"... the anonymous independent file reviewer working for Promontory on the Wells Fargo Bank account that reached out to us because he was fed up. I verified his identity and spoke... (Continue reading)
URGENT DOER ALERT – Wells Fargo You’ve deceived, confused and beaten another senior into submission
Written on 20 Feb, 2012 at 13:34
Wells Fargo… let me be clear about this because time is short. Particia Martin is scheduled for UD Court tomorrow. So, you have some law firm, some unsuspecting foreclosure mill, no doubt… and you should call and cancel... (Continue reading)
Arizona’s SB 1451 – Does Arizona Have the Right to Save Itself from Drowning in Underwater Loans?
Written on 19 Feb, 2012 at 6:11
Senate Bill 1451 only uses PRIVATE MONEY. There is no government money involved, no subsidies, no guarantees, and no taxes. This Program utilizes a completely different structure than any current mortgage program. It includes a cash insurance... (Continue reading)
Bringing Up the Rear – Dale Westhoff, Credit Suisse Group AG
Written on 16 Feb, 2012 at 1:17
Apparently, right before you made your idiotic comments about moral hazard, saying that principal write-downs won’t save homes, Credit Suisse had just won the bidding process and as a result bought $7.014 billion in face value RMBS from the Federal... (Continue reading)
The Good, the Bad and the Ugly in the Mortgage Settlement
Written on 12 Feb, 2012 at 17:37
The settlement agreement is supposed to help one million households by reducing their loan balance reduced. There’s no way is there enough money in this settlement to do all that much for anyone. But Obama has said it’s... (Continue reading)
Foreclosing on Oscar… Mandelman’s List of Best Picture nominees
Written on 9 Feb, 2012 at 9:16
I haven’t actually seen any of them, but I’ve gone ahead and described them, so you can see the candidates through my somewhat jaded perspective… and my list is likely a little different than the others you’ll run across… I... (Continue reading)
IT’S UNANIMOUS! AZ’s SB 1451 Passes Senate Banking Committee
Written on 7 Feb, 2012 at 21:09
Arizona's hundreds of thousands of hopelessly underwater homeowners are having the best day they've had since the "days of equity" back in 2006. The bill not only passed, but it passed unanimously... '6' Ayes to '0' Nays. ... (Continue reading)
OneWest Bank DOES IT for Lisa in Massachusetts! (DOERS ROCK!)
Written on 7 Feb, 2012 at 15:44
Plus, in Massachusetts, do you know how they do it? They auction the home off right on the soon to be ex-homeowner's front lawn, for all to see. I'll tell you what... that is some 17th century nonsense... (Continue reading)
MM EXCLUSIVE: AZ Bill Writes Down Underwater Loans for Homeowners – A Mandelman Matters Podcast
Written on 5 Feb, 2012 at 20:23
"In Arizona we don't ignore problems, nor do we pretend they aren't there," Sen. Reagan explains. "Obviously, the federal programs aren't going to address our state's needs, and that's fine. We're perfectly capable of doing what's best for... (Continue reading)
Attorney Wins “Free House” in Case Before 9th Circuit Court of Appeals – A Mandelman Matters Podcast
Written on 4 Feb, 2012 at 14:59
This is one Mandelman Matters Podcast that you definitely don't want to miss. Nathan sets it up in the beginning, then you hear the audio of the actual courtroom arguments, both his and the lawyer for US Bank... and... (Continue reading)
Foreclosure Politics Here and Across the Pond – Professor David Coates on a Mandelman Matters Podcast
Written on 3 Feb, 2012 at 19:06
This Mandelman Matters Podcast with Professor David Coates is not the same thing you've heard before, as he covers the foreclosure crisis both here in the U.S and in the UK. He also talks about the global financial crisis... (Continue reading)
Thank You Wells Fargo… Signed the DOERS of Mandelman & Field
Written on 31 Jan, 2012 at 19:28
Ooops, you did it again! Yes, it's true... Wells Fargo contacted Tom and Jeneane up in Granite Bay, California mid-day today to let them know that their SALE DATE of February 3, 2012 HAS BEEN POSTPONED. ... (Continue reading)
Freddie Mac’s Crimes Against Homeowners are NOT an Isolated Incident
Written on 30 Jan, 2012 at 18:35
ProPublica is reporting that Freddie Mac has been placing “multi-billion dollar bets designed to only pay off when homeowners remain “trapped†in high interest rate loans, and that the government-owned mortgage monster began increasing such bets late in 2010, which... (Continue reading)
Our DOERS DID IT Again… One West Bank Stops Sale in East!
Written on 30 Jan, 2012 at 15:37
DOERS... you did it again. That's 7 out of 7 DOERS... we really are DOING it and making a real and very meaningful difference not only for the homeowners whose homes we've saved by helping them get sustainable loan... (Continue reading)
DOER ALERT: OneWest Bank Needs to STOP a Foreclosure Sale Monday Because It’s WRONG
Written on 29 Jan, 2012 at 20:31
In just two days from now, on Monday, January 30, 2012, at 3:00 PM… a terrible, tragic and yet easily avoidable event is scheduled to occur… and MUST BE STOPPED. OneWest Bank is scheduled to conduct a foreclosure auction... (Continue reading)
Bank of America Does the Wright Thing – DOERS Did It Again. JOIN US, BE A DOER!
Written on 26 Jan, 2012 at 6:23
By mid-day on Tuesday, Bank of America had responded to say they were looking into it... and by 4:30 PM that same day Bank of America DID THE WRIGHT THING, and gave Mr. Dale Wright his home back... from a... (Continue reading)
Look, this just isn’t that hard… The Solutions to Pressing Problems.
Written on 24 Jan, 2012 at 12:28
If Mickey Mouse is going to sign it, and Donald Duck is going to notarize it... THEN DON'T SIGN IT... because we don't need it signed. BUT... if we DO need it signed, then don't forge it and file... (Continue reading)
DOER ALERT: Dear Bank of America…
Written on 23 Jan, 2012 at 20:03
The man's wife passed away in 2006. They were married for 53 years. Your bank explained that a request for postponement went in on the 23rd of December 2011 on a loan which Bank of America agreed to... (Continue reading)
Credit Suisse Tells Bloomberg: “Mortgage Principal Cuts Don’t Help Homeowners?”
Written on 22 Jan, 2012 at 18:53
Reducing mortgage balances is a risky idea that hasn’t been shown to keep borrowers who owe more than their property’s worth in their homes, according to Credit Suisse Group AG. (CSGN). Suspending accounting rules is a risky idea that hasn’t been... (Continue reading)
Calling All Lawyers to 5,000,000 Crime Scenes
Written on 20 Jan, 2012 at 10:21
Consider this... bankers say that they've been overwhelmed by the millions of homeowners unexpectedly seeking loan modifications and that's why applying for a loan modification has been such a nightmare. But, what about the number of foreclosures occurring in... (Continue reading)
I’ve found the problem in Washington… it’s some sort of time warp, or they’re just dumb.
Written on 17 Jan, 2012 at 9:34
How does the Fed write a white paper and present it to the United State Congress that is packed with proof positive of an entirely inadequate level of knowledge, understanding… education, even? Am I going to find out that... (Continue reading)
The Quiet Man… Utah Attorney Walter Keane – A Mandelman Matters Podcast
Written on 13 Jan, 2012 at 16:01
Utah Attorney Walter Keene is the lawyer that filed four quiet title claims last year, which means he was seeking to obtain a court order granting clear title to the properties in question. And all four were granted by... (Continue reading)
MY DOERS DID IT AGAIN! But it’s not over yet. (And Holly Says Thank You!)
Written on 31 Dec, 2011 at 19:50
I don't usually do this, but with Holly's permission, I've posted the three emails I received from her today. I get a lot of very flattering emails from homeowners across the country, and I appreciate them all very much...... (Continue reading)
DOER ALERT: Wells Fargo Bank… How could you do this to a mother of four?
Written on 30 Dec, 2011 at 11:37
Doug and Holly were excellent customers of your bank for over 16 years, and then they hit a rough patch. They needed the bank’s help… some guidance to get them through difficult times. You had a chance to... (Continue reading)
OhioFraudclosure Blog Warns… Fannie & Freddie Eviction Moratorium Ends January 3rd
Written on 30 Dec, 2011 at 2:49
So, below is a video that Marco just put together. It's dramatic... disturbing even. It includes footage of the sheriff coming to evict a family, obviously without notice... or at least without adequate notice. Marco put the... (Continue reading)
ALJAZEERA… The year’s top story is not getting coverage…
Written on 29 Dec, 2011 at 19:51
ALJAZEERA: "If you want to find out about this story of the year and years past, in all of its disgusting detail, you can't just trust major media. You have to read Matt Taibbi in Rolling Stone, a music magazine,... (Continue reading)
Should State AGs Settle with Bankers? Ohio’s Former AG Marc Dann Weighs In… A Mandelman Matters Podcast
Written on 27 Dec, 2011 at 8:22
I decided that the best person to ask about what's going on with these positively inane negotiations would be a former State Attorney General, so I called Ohio's former AG, Marc Dann. Marc knows these people, he understands the... (Continue reading)
GUEST POST: Bob Cratchit Speaks Out on Christmas Foreclosure Freezes, Rated ‘PG-13’
Written on 26 Dec, 2011 at 18:48
Every year I take a whole week off at Christmastime. Of course, it wasn’t always that way. When I started working for my Uncle Scrooge years ago, he never would have allowed that. In fact, back then,... (Continue reading)
