Wednesday 4th December
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GUEST POST: Mortgages, now in the hands of specialty servicers, means trouble for homeowners and investors.
Written on 27 Feb, 2014 at 23:06
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)
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)
Mandelman’s Monthly Museletter – Version 16.0
Written on 30 Nov, 2011 at 17:15
In this edition you'll find: 1. Robo-signing KILLS... 2. OCC proposes credit rating duties go to banks - A real conversation with a banker-friend of mine. 3. PMI Files Bankruptcy - Regulators step in and take over yet another mortgage... (Continue reading)
I, Robosigner… A three act play about affidavit fraud in AG Masto’s Nevada
Written on 18 Nov, 2011 at 17:52
... Faster than a NINJA loan originating at Wamu... More powerful than an unlimited warehouse line at Lehman Bros... able to see swaps and synthetics even when inside an SPE... Look, up in the sky... It's a bird... It's a... (Continue reading)
No Friend to the Banksters… Attorney Nick Wooten – A Mandelman Matters Podcast
Written on 16 Jul, 2011 at 10:59
If I have to introduce Alabama foreclosure defense attorney Nick Wooten to you, then you're not much of a foreclosure crisis news junkie, because Nick has made headlines for his lawsuits against the banksters on behalf of homeowners as much... (Continue reading)
HUD Investigation Shows Banks Covered Up Widespread Illegal Acts – Government offers to bring them their check and validate their parking
Written on 19 May, 2011 at 2:01
According to Shahien's story in HuffPo, the secret investigations were initiated in response to last year's reports, which indicated that large lenders were improperly accelerating foreclosure proceedings... or, in other words... look who just figured out that robo-signing affidavits and... (Continue reading)
FEDS Announce Enforcement Actions Against 14 Servicers, LPS and MERS… Hot Towels in Washrooms Threatened Once Again
Written on 19 Apr, 2011 at 14:41
Still, I'm committed to covering this subject even when doing so means that I have to start drinking at 9:30 in the morning... kidding, I'm just kidding... so, here's the news on the FEDS and their "enforcement actions," and I... (Continue reading)
SIGN THIS! StopServicerScams.com Petition Will Go to Geithner, Bair, Bernanke, and Walsh!
Written on 4 Jan, 2011 at 0:45
PLEASE SIGN THIS yourself... but also could you please put in the extra effort and forward it to everyone you know that will also want to sign it? PLEASE? Post it on your Facebook page, your LinkedIn page...... (Continue reading)
House Dems Tell Justice Dept, the Fed, and Comptroller of Currency: “It is time that are held accountable for their practices.”
Written on 6 Oct, 2010 at 23:08
With the election now less than a month away, House Democrats have requested a formal investigation into the highly questionable foreclosure practices by the banks and servicers. According to the Times story, Speaker Pelosi said that "the excuses we... (Continue reading)
Nina Easton’s HOT Stocks for Homeowners Losing Homes
Written on 1 Jun, 2010 at 5:42
No, folks... the good news for our emerging foreclosure industry, and for my new Empty Homes Hi-Yield Bond Fund, is that our government has failed at every single turn in trying to stem the tide of foreclosures in this country,... (Continue reading)
Mandelman Matters Presents: ARE YOU READING THIS STUFF?
Written on 17 May, 2010 at 8:45
Mandelman Matters Presents: ARE YOU READING THIS STUFF? What am I supposed to do? I read constantly and it’s painful. I figured that maybe by sharing it with you, I would know I wasn’t alone, and it would stop me... (Continue reading)