Posts Tagged ‘mortgage securitization’

POWER TOOLS for Investor Denials, the NPV Discussion, and Pushing a Servicer to Modify a Loan

POWER TOOLS for Investor Denials, the NPV Discussion, and Pushing a Servicer to Modify a Loan

Unfortunately, as so many homeowners have learned the hard way, it’s not easy to figure out what’s right and what’s not about your loan modification application, and so many homeowners fail when they could have succeeded had they known what... (Continue reading)

Court Denies Bank of America’s Petition for Re-hearing in Glaski Decision

Court Denies Bank of America’s Petition for Re-hearing in Glaski Decision

Regardless of what happens going forward, perhaps this case and related decisions will lead to an increased willingness by state courts to take more care to examine the issues presented by homeowners and their lawyers, and lessen their tendency to... (Continue reading)

What Makes a Mortgage a Bad Loan? Im Confused.

What Makes a Mortgage a Bad Loan?  Im Confused.

Or do we only judge a loan to be “bad” after it defaults, and because it defaults? Assuming there are NOT predatory practices involved, is a loan “good” until it defaults and then it becomes “bad.” And is... (Continue reading)

David Min, Part 3 – Housing’s Recovery… Fact or Fiction? A Mandelman Matters Podcast

David Min, Part 3 - Housing's Recovery... Fact or Fiction? A Mandelman Matters Podcast

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)

BYE-BYE DEMARCO! Obama to Replace Director of FHFA

BYE-BYE DEMARCO!  Obama to Replace Director of FHFA

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)

An Insider’s View of an Actual RMBS Securitization at Mandelman U.

An Insider's View of an Actual RMBS Securitization at Mandelman U.

What follows below are slides from an actual presentation of a Residential Mortgage-backed Securities - RMBS/REMIC deal... but NOT the slides from a "road show" presentation to potential investors... what you're about to see are slides from an INTERNAL meeting... (Continue reading)

Frank & Brian in Arizona for Spring Training: Think… Not, Work… Not.

Frank & Brian in Arizona for Spring Training: Think... Not, Work... Not.

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)

GUEST POST: Welcome to Freddie and Fannie’s Mortgage Shell Game, By Shawn T. Newman, J.D.

GUEST POST: Welcome to Freddie and Fannie's Mortgage Shell Game, By Shawn T. Newman, J.D.

Fannie and Freddie actually had a policy stating that they didn't want to receive the physical "notes?" This “policy” was created by Freddie and Fannie and clouds who actually has legal title to the property (i.e. mortgagee) and who... (Continue reading)

Bringing UP the Rear Neil Lipschutz, Managing Editor, Dow Jones Newswire

Bringing UP the Rear  Neil Lipschutz, Managing Editor, Dow Jones Newswire

Obviously, either Neal has the cognitive abilities of a fruit loop soaked in milk, or he’s just disturbed. What do you suppose he thinks “spread” to Europe and its banks? I mean, I don’t think loans can spread…... (Continue reading)

GUEST POST: Prove Fannie & Freddie Innocent Before Suing the Banks – And Here Is How

GUEST POST: Prove Fannie & Freddie Innocent Before Suing the Banks - And Here Is How

For twelve years during and after the Savings & Loan crisis (1988-2000), I led the group of business analysts at PricewaterhouseCoopers that was responsible for monitoring Ginnie Mae’s $600 billion portfolio of mortgage-backed securities. During that period, I learned... (Continue reading)

No Friend to the Banksters… Attorney Nick Wooten – A Mandelman Matters Podcast

No Friend to the Banksters... Attorney Nick Wooten - A Mandelman Matters Podcast

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)

Securitization Workshop in Sacramento, December 11, 2010… for Attorneys & Other Interested Parties

Securitization Workshop in Sacramento, December 11, 2010... for Attorneys & Other Interested Parties

This Securitization Workshop promises to be important, educational, and entertaining... it may be designed for lawyers, but I know lots of homeowners that would enjoy attending, and likely come away with actionable knowledge that could help save theirs and millions... (Continue reading)


Page Rank