The New York Times broke the story, hundreds followed and soon there were so many angry calls from constituents to their congressional representatives that House Republicans were forced to back down on an amendment they'd passed in a closed door... (Continue reading)
Fannie Mae and I apparently agree on one thing... the candidates are both missing the boat by ignoring future U.S. housing policy in their respective campaigns. ... (Continue reading)
I don't believe that the GOP wants to win the upcoming election. Oh, they want to hold onto their majority in the House, but beyond that I think they like having a democrat to blame.... (Continue reading)
I’m fed up with, essentially everything. First of all, we live in a country that, politically speaking, is so comically deadlocked as to be incapable of doing anything. We’re like a quadriplegic, completely paralyzed from the neck down, pretending to... (Continue reading)
And now I'm supposed to come to terms with the idea that the administration's bored with the topic itself? I could understand it if they were bored with something they'd mastered, although I can't for the life of me... (Continue reading)
Nancy Pelosi sent a Mandelman Matters reader, Amy Sheaffer, an email. Any wrote back. Brilliant! Lord, I do love my readers.... (Continue reading)
Look, I've been an "employer" for some 20 years, and I'd just like to assure everyone that breaking the collective back of our nation's middle class is precisely what is stopping America's employers from spending the massive amounts of cash... (Continue reading)
Of course, there are times when more stuff happens to more people, and today is obviously an example of such times. The economic conditions that we're experiencing today are causing more foreclosures than at any time since the 1930s. When... (Continue reading)
He went from being a man of the people, to being the best friend Wall Street could ever have hoped for, and for that the Republicans accuse him of being a socialist, while the left accuses him of being too... (Continue reading)
And not only are we splitting off in more directions than the London subway, but I'm afraid too many of us have started to like it that way. It's become a badge of honor for some people. ... (Continue reading)
Here's the first year I wrote Twas the Night Before Christmas as a year-in-review online. You'll find 2008 & 2009 here on Mandelman Matters, as well. They're posted in the section "People Say I'm Funny." Reading them... (Continue reading)
Join me now for the stories of three such Americans. May their stories remind you of the power we all posses to serve our country and help it grow and prosper, so that our government of the people, by... (Continue reading)
Elizabeth Warren: "It's about respect. I believe that the American people ought to be part of the conversation about what's happening in our economy, and what's happening in Washington D.C. and what's happening on Wall Street. I truly... (Continue reading)
Apparently, Greene was arrested in November 2009, charged with showing a pornographic Internet site to an 18-year-old female University of South Carolina student. I realize that, traditionally, senators wait until they've been elected to rack up their first felony... (Continue reading)
The idea behind principal reductions is to prevent the United States banking system from imploding, and to prevent the deflationary spiral we've been in for the last two years from becoming a full scale depression from which we are unlikely... (Continue reading)
As I've watched the economy deteriorate over the last two years, I have been amazed and bewildered at our government's response, or lack thereof. And the more I've learned, the worse I've felt about our ability to fix what... (Continue reading)
I thanked my new present value oriented friend and hung up. Next I would need to find a homeowner whose loan had been modified directly by the bank as a result of their request. This wasn't easy. Lots of refinancing,... (Continue reading)
Because there's no reason to talk about what went on there. None whatsoever. If you're the Inspector General of the Federal Reserve and you know that $9 trillion has been spent... and you leave the office on the day you... (Continue reading)
Apparently, they were not quite satisfied with the hundreds of millions they stole... I mean made, so they've launched a company that will buy distressed mortgages from banks and the government at a discount, modify the loans so that the... (Continue reading)
ANNOUNCER:Yes, it's time to play Let's Solve the Housing Crisis on the game that at least half the country loves: Heal the Misfortune!... (Continue reading)
It has occurred to me over the last several weeks, that there are many people that simply want… and perhaps need… the news to be good, regardless of what the news actually is. When the news is not good, they... (Continue reading)
Today was a very sad day for me. Today was the day that I discovered the truth about something that I had been certain was just the result of the administration being misguided. They didn't know, I reasoned.... (Continue reading)
I cannot even believe what’s going on in our country today. I am so totally pissed off at greedy, obnoxious, mega-rich corporate executive fat cats that I can’t see straight. Apparently, and I am not making any of this up,... (Continue reading)
Yes, you read that right… just one very lonely mortgage. Only 399,999 more to reach their goal! Well, it’s been a long time coming in my opinion, but Brian Sullivan of Fox Business News has finally looked under the covers... (Continue reading)
The government's responsibility here is to regulate the loan modification industry to protect consumers. You know, punish the bad guys and leave the good guys to do their jobs, help homeowners who are in trouble, and earn a fair... (Continue reading)
Our nation is facing a home foreclosure crisis. Four million Americans have already lost homes to foreclosure, and forecasts show another 3.6 million foreclosures through 2010. Who knows what will happen beyond that, the numbers could go even higher. Housing... (Continue reading)
By the fall of 2008, John and Mary said that they had lost all hope. Every dime they earned was going towards the mortgage payment. They couldn't afford to buy the kids an ice cream. Mary's mother heard an ad... (Continue reading)