Learn the most up-to-date loss mitigation & legal strategies, based on new state & federal statutes that have dramatically changed the playing field.... (Continue reading)
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)
My heartfelt thanks goes out to Rep. Herkes and Sen. Baker... the people of Hawaii are very lucky to have you serving in their state's legislature. My sincere hope is that you will be recognized for your work so... (Continue reading)
See, because in the old days public servants, those that worked for the government, seemed to make less money than Phil Donahue or Marlo Thomas. They didn't used to have 7,379-sq.ft. 1911 wood and stucco $25 million Greens... (Continue reading)
You see, it's a very well thought out no-lose proposition, this new California foreclosure rescue program... because if the banks refuse to participate in it, which would kill the whole principal reduction aspect of the plan, it's really not a... (Continue reading)
Now that Elizabeth Warren has been appointed to the post, albeit temporarily, support her with whatever support you can offer, Senator Dodd. Let the ones that oppose Elizabeth Warren stand naked in the light. And the American consumer....... (Continue reading)
So, what's not to love? Banks win by getting more for the property than would otherwise be the case. Investors win through earning a return that averages 15% on their investment. Banks win by getting more for the... (Continue reading)
It made me sad to know what Treasury Department officials had said about the foreclosure crisis and HAMP... very, very sad. In fact, I can't think of another time in history when my government acted as these guys have... (Continue reading)
My goodness, I've been doing quite a few radio programs on the foreclosure crisis and loan modifications and the economy lately, have you noticed? I really like doing the radio show thing, it's a lot easier than writing long,... (Continue reading)
I talked about... can you guess... right! The foreclosure crisis and loan modifications... and the economy... and some recent court decisions... a regular fountain of knowledge, I was. I haven't listened to it, but I figured some of you... especially... (Continue reading)
Everyone knows how much I love sarcasm... or at least have come to love sarcasm writing about the foreclosure crisis... and on this article I think I might have taken my sarcasm to such a level that readers, especially those... (Continue reading)
Yes, you read that right. NCLC, et al, are suing the banks over the travesty that is HAMP. We've all been waiting for this day for a long time now, and it finally arrived. So, don't rush... (Continue reading)
Just to make it interesting... and fun... I'm going to do my best to really paint a picture of the situation, so the reader can feel like he or she is there... in the picture at the time of the... (Continue reading)
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)
If you want to get rid of the loan modification scammers, you certainly don't reduce the number of legitimate options available to help, you let people know where they can get help... beyond calling their bank or standing in line... (Continue reading)
So... there's a site called ShortSalePowerHour.com that's seriously into Mandelman Matters. They're a couple of very funny real estate types that specialize in helping real estate agents with the whole short sale thing. ... (Continue reading)
Okay class... if you've been keeping up with your reading assignments, then the following should be no problem for you to keep up with... but it also may cause motion sickness.... (Continue reading)
On Friday, the White House is expected to announce an expansion of the president's Making Home Affordable loan modification program to include reducing the mortgage loan balances for some homeowners, and providing additional temporary assistance to unemployed homeowners. ... (Continue reading)
Bank of America will offer qualified homeowners an interest-free forbearance of principal that the homeowner can turn into forgiven principal annually over five years, provided they stay current on their mortgage payments. Over the five-year period, homeowner can bring... (Continue reading)
Clearly, these proposed rules are being considered, assuming that they are in fact being considered, in response to our nation's lenders' and mortgage servicers' flagrant and total disrespect and disregard for the federal government's Making Home Affordable Program... (Continue reading)
Recognizing that the Making Home Affordable and HAMP loan modification plan are ridiculous failures, President Obama and Secretary Geithner worked tirelessly and today announced how they've fixed the problems.... (Continue reading)
Housing counselors and lending experts say that HAMP is having a meaningful impact on the global foreclosure rate, and Lucely Figures, a housing economist at Muddy's expects at least another 3 billion loan modifications next year. ... (Continue reading)