Posts Tagged ‘mortgage-backed security’

NOW YOU CAN KNOW… How Much Your Investor is Losing by Foreclosing on Your Home.

Written on 30 Nov, 2013 at 5:06

I think the entire country is under the impression that servicers foreclose because it's in the best financial interests of the investors, and perhaps sometimes they do... but data from this trust and others I've looked at, to my way... (Continue reading)

Tagged with: #loanmodification #stopforeclosure bank of america citibank diana olick economic recovery economy Fannie Mae Federal Reserve Chairman Ben Bernanke foreclosing versus modifying foreclosure foreclosure crisis foreclosures Freddie Mac HAMP jpmorgan chase Liquidation analysis report loan modification loan modifications loss severity Making Home Affordable Plan mandelman mandelman matters mandelmanmatters martin andelman martin andelman ml-implode ml-implode mortgage crisis mortgage refinancing mortgage servicers mortgage-backed securities investors mortgage-backed security NACA NPV test pre-payment risk REMIC trusts REST Report RMBS trial modifications wells fargo bank

SECURITIZATION: How our society changed when we learned to turn lead into gold.

Written on 30 Sep, 2013 at 13:07

Before securitization children were raised receiving fewer presents for their birthdays and holidays and I don't need a source for that statistic. Water is wet, the sky is blue, and that's a fact. Hotel rooms never cost $600... (Continue reading)

Tagged with: alt-a asset-backed security bank of america bond market CDOs citibank CNBC Collateralized debt obligations credit cards credit crisis credit default swap diana olick double dip economy Fannie Mae FDIC Chair Sheila Bair FICO foreclosure crisis foreclosures Freddie Mac Ginnie mae Goldman Sachs HAMP housing bubble Indymac bank jpmorgan chase lloyd blankfein loan modifications mandelman mandelman matters martin andelman MBS ml-implode Moody's Moody's/REAL Commercial Property Price Index mortgage crisis mortgage-backed security NACA Ocwen one west bank Option ARM predatory lending RMBS sallie mae securitization securitized debt SIV standard and Poors sub-prime borrowers tranches Treasury Secretary Tim Geithner triple A rating U.S. Treasury wells fargo bank

Glaski Attorney Richard Antognini on the Court’s Decision and What’s Next for Mr. Glaski – A Mandelman Matters Podcast

Written on 12 Sep, 2013 at 4:28

Not only will Richard leave listeners with a level of understanding specific to the Glaski decision that would otherwise be unavailable, he'll talk about other recent decisions in California that he says are very important to homeowners... he'll offer guidance... (Continue reading)

Tagged with: attorney Richard Antognini bank of america California Court of Appeal caterina benitez court of appeals fifth district Delaware Trust Law diana olick Fannie Mae FDIC FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosure defense foreclosure defense attorney foreclosures glaski decision Goldman Sachs HAMP jpmorgan chase late transfer into securitized trust loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman MERS mortgage crisis mortgage refinancing mortgage servicers mortgage-backed security Mr. Thomas Glaski of Fresno NACA New York Stateâ€™s trust law remic rules REMIC trusts richard angotnini trial modifications WaMu WaMu Mortgage Pass-Through Certificates Series 2005-AR17 Trust

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)

Tagged with: august 2007 bailouts credit default swaps credit markets freeze Credit Ratings Agencies Dodd-Frank economic recovery economy Fannie Mae FDIC FDIC Chair Sheila Bair Fed Chairman Ben Bernanke Federal Reserve Chairman Ben Bernanke foreclosure crisis foreclosures Freddie Mac Goldman Sachs HAMP Indymac bank july 2007 loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman Moody's mortgage crisis mortgage refinancing mortgage-backed security NACA RMBS market securitization market Standard & Poors TARP the federal reserve unemployment wall street bankers

BREAKTHROUGH: Why Americans Are Allowing the Foreclosure Crisis to Continue

Written on 17 Dec, 2010 at 11:46

More than half of our country doesn't care about the foreclosure crisis because to them, it's just bankers acting in their own best interests by foreclosing on homes that borrowers irresponsibly bought knowing they couldn't afford them. It's therefore... (Continue reading)

Mandelman U. Presents: There’s Credit Default Swaps & then there’s Credit Default Swaps

Written on 23 Nov, 2010 at 12:24

Seventy percent of the U.S. economy is driven by consumer spending, which has been driven by borrowing over the last ten years. Even if we wanted to do so, we can't borrow our way back to prosperity this time... (Continue reading)

Tagged with: AIG AMBAC banker fruad BISTRO CDO CDS CNBC Collateralized debt obligations credit default swaps credit derivatives diana olick economic recovery FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke financial institutions foreclosure crisis Goldman Sachs Indymac bank jpmorgan chase Lehman Bros. loan modifications mandelman matters mandelmanU. martin andelman MBIAA michael lewis ml-implode morgan stanley mortgage-backed security NACA obama administration Secretary Tim Geithner synthetic CDOs TARP payments the big short tranches triple A rated bonds wall street fraud washington mutual