Sunday 15th December
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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)
Jamie Dimon tells Meet the Press he thinks we’re resenting “success.” He’s wrong.
Written on 14 May, 2012 at 3:26
Dimon was quoted as having said that just because his bank had been stupid, it didn't mean that all the other banks would be equally stupid. But, see... it sort of does, right? That's why the sort of... (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)
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)
Foreclosure Fraud North by Northwest with Attorney Shawn Newman, A Mandelman Matters Podcast
Written on 20 Dec, 2011 at 14:40
A Mandelman Matters Podcast - Washington State attorney, Shawn Newman is fighting to protect the rights of homeowners. His legal theories and experiences in court related to Fannie and Freddie "owned" loans are interesting, to say the least, and... (Continue reading)
FDIC Chair Sheila Bair Warns Senate Committee about “Millions of Infected Foreclosures”
Written on 14 May, 2011 at 1:17
Well, perhaps it's because Sheila is now a short-timer and will be retiring from her post at the FDIC this July, that she is now feeling a little more comfortable telling the truth, even if that means disagreeing with Walsh... (Continue reading)
St. Louis BBB Warns Homeowners: “Steer Clear of Mass Joinder Lawsuit Mailings”
Written on 24 Apr, 2011 at 6:18
Mitchell Stein's complaint in the Ronald v. Bank of America lawsuit has been used as the model for suits filed by Phillip Kramer and others. I spoke with Mitch for several hours the other day and I can tell... (Continue reading)
BoA’s Bad Bank – Pay No Attention to the 6.7 Million Loans Behind the Curtain
Written on 13 Mar, 2011 at 23:57
See, these are the kinds of things that make me afraid of the world around me... like, now I don't want to even leave my house. Does stuff like this work on "investors?" What... are the "investors" he... (Continue reading)
Republicans Leap to the Aid of Banker-Servicers Over AG Settlement Proposal
Written on 10 Mar, 2011 at 9:52
But, unquestionably, the best part of Senator's Shelby's largely unintelligible rant, was when he threw down the "don't fine them or there'll be no lending" card. He draws that card like a gun, doesn't he? He even sounds... (Continue reading)
I’m So Happy that I Ignored the whole AGs-Investigate-the-Servicers Thing
Written on 9 Mar, 2011 at 11:28
Well, what they're calling the Attorneys General "Term Sheet" is out and to kick it all off, I went with an analysis of the AG's work product written by Joshua Rosner, who is Managing Director at independent research consultancy Graham... (Continue reading)
The Psychology and Politics of Foreclosure
Written on 7 Mar, 2011 at 7:00
Of course, there are times when more stuff happens to more people, and today is obviously an example of such times. The economic conditions that we're experiencing today are causing more foreclosures than at any time since the 1930s. When... (Continue reading)
Man Drives Car Through Bank of America’s Lobby – Police Investigate, Unsure of Motive
Written on 28 Feb, 2011 at 23:26
So, wait a minute here... he drove into the bank... into it... he was inside a Bank of America at 4:00 AM... and police are still trying to determine if any property was taken... but he's only being charged with... (Continue reading)
Bankers Apoplectic Over Arizona’s Republican Dominated Senate Passing Chain of Title Bill, 28-2
Written on 24 Feb, 2011 at 23:37
The only reason this bill is being pushed through the Arizona legislature is that one of that state's senators actually tried to rescind her own predatory loan and found out first hand what it's like to have to deal with... (Continue reading)
Federal Regulators to Bring Enforcement Actions Against Banks… May Get Rid of Hot Towels in Washroom
Written on 17 Feb, 2011 at 11:27
You know what... go to hell. How about the servicers offer "enhanced, streamlined modifications to troubled borrowers" just because it's the right thing to do? How about the servicers do it because although they can never come close... (Continue reading)
INSIDE CHASE and the Perfect Foreclosure
Written on 11 Sep, 2010 at 7:44
"And we documented what went on with each file so that if the investor came in to audit the files, everything would be accurate in terms of what had transpired and in what time frame. It was all about... (Continue reading)