Posts Tagged ‘option arms’

What Makes a Mortgage a “Bad Loan?” I’m Confused.

Written on 20 May, 2013 at 4:43

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)

DOER UPDATE: Patricia Martin v. Wells Fargo – Court Grants Injunction, Injustice on Trial Ahead

Written on 1 May, 2012 at 8:06

Zanides estimates that the bank has spent a significant amount already on legal fees and now is certain to spend a whole lot more. Patricia Martin's home is worth no more than $275,000. How can it be worth... (Continue reading)

Tagged with: abbot downing Anglin Anglin Flewelling Rasmussen Campbell & Trytten LLP Campbell & Trytten economic recovery economy Fannie Mae Federal Bankruptcy Court Judge Elizabeth Magner Federal Reserve Chairman Ben Bernanke Flewelling foreclosure crisis foreclosure fraud foreclosures forensic loan audit Freddie Mac HAMP Home Preservation at Treasury John G. Stumpf Laurie Maggiano loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters map2 modification mark zanides martin andelman martin andelman ml-implode Martin v. Wells Fargo Bank Michael Dolan mortgage crisis mortgage refinancing NACA option arms Patricia Martin pick-a-pay loans predatory lending president obama Rasmussen recession REST Report Robo-Signing securitization audit stop foreclosure stop trustee sale strategic default TARP Treasury Secretary Tim Geithner trial modifications trusted attorneys unemployment wall street bankers wells fargo bank wrongful foreclosure

T’was the Night Before Christmas… 2010

Written on 24 Nov, 2010 at 16:01

I write this political year-in-review holiday poem every year. I love doing it, and I hope you'll enjoy reading it and will send it to others of like mind as well. Happy Holidays!... (Continue reading)

Tagged with: april charney austerity programs bank of america bankruptcy bootcamp BP diana olick Dodd-Frank bill economic recovery elizabeth warren European stimulus Federal Reserve Chairman Ben Bernanke financial reform foreclosure crisis foreclosure fraud Goldman Sachs greece economy HAMP health care reform jamie dimon John Mack john mccain john stumpf jpmorgan chase judicial foreclosure state ken lewis lloyd blankfein loan modifications lost assignments mandelman matters martin andelman max gardner mid-term elections ml-implode mortgage servicers NACA O. Max Gardner III option arms political year-in-review President Barack Obama QE2 tea party Treasury Secretary Tim Geithner wall street bankers wells fargo bank

The Article that Started it All: Pigs, Puppets and People in Peril

Written on 4 Jun, 2010 at 4:50

Here it is... the first article I ever wrote for The Niche report magazine. Click the linked title below: Pigs, Puppets & People in Peril. Seems like soooo long ago... ... (Continue reading)

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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)

Tagged with: alt-a Altisource Portfolio Solutions banking lobby delinquent mortgages DJSP Enterprises economic recovery elizabeth warren Federal Reserve Chairman Ben Bernanke florida AG Florida Default Law Group foreclosure crisis fortune magazine Goldman Sachs HAMP home foreclosure industry Jeffrey Carbiener john Paulsen lender processing services loan modifications LPS making home affordable mandelman matters martin andelman ml-implode mortgage defaults Mortgage modification mortgage refinancing nina easton Nina Easton's option arms permanent modifications president obama Prommis Solutions proof of income SB 94 sheila bair Treasury Secretary Tim Geithner trial modifications

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)

Senate Investigation Says Banks Caused Crisis, Not Borrowers

Written on 22 Apr, 2010 at 13:45

As I've said what feels like a million times in a million different ways... it wasn't the borrowers, it was the banks, and what caused the crisis was that the banks broke the bond market... and it remains broken to... (Continue reading)