Wednesday 4th December
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THE HOMEOWNERS’ ANTHEM – 2015
Written on 15 Apr, 2015 at 1:54
Here lies the body of Mary Lee; tried to modify her loan when she was 33. For over five years she fought to keep her sanity; didn't tell a soul as a matter of vanity. ... (Continue reading)
We All Agree: We want to keep people in their homes if possible… sort of.
Written on 10 May, 2014 at 21:33
So, if Wells Fargo was now willing to allow Arthur to sell the home he'd built and lived in since 1988 for $375,000... why not sell the home to Arthur for $375,000, and Arthur would use a reverse mortgage for... (Continue reading)
Re-Default Redoux… The Debate Over Loan Mods is as Stupid as Ever.
Written on 5 Nov, 2013 at 19:38
Another SIGTARP report shows Treasury knows nothing about loan modifications. Big surprise. Look, stop bothering Treasury... they don't want to know, so leave them alone. ... (Continue reading)
How to Strategic Default? Ask the MBA.
Written on 21 May, 2012 at 7:15
How to strategic default? There's just one little, teeny-tiny, almost insignificant smidgeon of a problem with what the Mortgage Bankers Association's CEO was saying: He was completely full of shit. ... (Continue reading)
FOR THE FATHERS
Written on 19 Jun, 2011 at 5:48
But, it's hard for me to be happy without thinking about the hundreds of thousands or perhaps millions of fathers who while they smile through their day, are also worrying about what will happen tomorrow because they know that, despite... (Continue reading)
LA Homeowners Arrested During Foreclosure Protest – Video
Written on 18 Dec, 2010 at 7:23
ACCE says that now they plan to up the ante by " bringing together the collective power of the homeowners themselves in alliance with their supporters among labor unions, the religious community and community organizations." And in fact, among... (Continue reading)
Mandelman’s Uncommon Advice for Getting Through the Loan Modification Process Without Losing It
Written on 17 Oct, 2010 at 8:06
There's no point in sugarcoating this... getting a bank or mortgage servicer to agree to modify a mortgage is never a pleasant experience. In fact, it's pretty much horrible, even when it's good. You may finish the process... (Continue reading)
Banks Kick Consumer’s Butts Once Again – SB 1275 Dies in the California Assembly
Written on 1 Sep, 2010 at 7:41
Even though the bill was supported by EVERYONE but the banking lobby, it was rejected 36-30 in the Assembly. Even after it was approved by the state Senate and three Assembly committees. This time... no... but thank you... (Continue reading)
Mandelman on the News Dissector Radio Show
Written on 29 Jul, 2010 at 3:27
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)
Greenspan Says Housing is Nowhere Near Bottom
Written on 26 Jul, 2010 at 22:13
It's amazing how different it is when you're the Chairman of the Federal Reserve, as opposed to being the retired Chairman of the Federal Reserve. ... (Continue reading)
I Think It’s Now Safe for Me to Speak Out About Loan Modifications and the Secret NPV
Written on 24 Jul, 2010 at 9:51
I've been waiting for this day for almost a year. The day I could stop beating around the bush and come right out and talk about the "secret" NPV and loan modifications. Because I've known about the "secret"... (Continue reading)
The Real Estate Guys Radio Show, Mandelman Take 2!
Written on 22 Jul, 2010 at 3:02
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)
California Court Rules: MERS Can’t Foreclose, Citibank Can’t Collect
Written on 16 Jul, 2010 at 3:39
This decision means that if a foreclosing party in California, that is not the original lender, claims that payment is due under the note, and that they have the right to foreclose on the basis of a MERS assignment, they're... (Continue reading)
Court Rules Private Right of Action Exists for Violations of CA Civil Code 2923.5 – Homeowners Can Now File Suit Against Lenders
Written on 11 Jun, 2010 at 7:00
The thing about this court decision is that, even if I think the law itself is marginal at best in what it offers, there is now a "private cause of action" attached to it. And that means that homeowners... (Continue reading)
The Great Unwind and the Final Redemption, by O. Max Gardner III
Written on 8 Jun, 2010 at 18:58
As my readers know, I've never had guest columnists or posted what others have written, but when I read the article that follows, which was written by Max on June 1st of this year, and then found myself reading sections... (Continue reading)
Homeowner tells Mandelman Matters of SCOVIS LAW GROUP, and I am DISGUSTED
Written on 7 Jun, 2010 at 10:03
Hey, McDevitt... you have no idea what you're talking about most of the time, do you. Expert? Published author? As seen on television? What were you on T.V. for... oh yeah... were you one of the... (Continue reading)
The FTC Needs a More Reasoned Approach to Stop Loan Mod Scams
Written on 10 May, 2010 at 11:19
Yes, I've walked through this steaming pile of freshness so many times and in so many ways, that I've come to consider the idea that there's something in the water that's causing otherwise intelligent people to lose their capacity for... (Continue reading)
MANDELMAN’S MONTHLY MUSELETTER VERSION 7.0
Written on 13 Apr, 2010 at 7:57
1. Wells Fargo - Out of frying pan into fire. 2. Nicholas Cage Looses Home to Foreclosure and No One Bids at Auction. 3.Arizona Homeowners at Meeting on Stopping the Foreclosure. 5. Two Women Sentenced for Scamming... (Continue reading)
SPOTLIGHT ON: The Law Offices of Kenneth E. Gertz
Written on 10 Feb, 2010 at 5:50
I've gotten to know Ken well over the last six months and I've had the opportunity to see how he works. First of all, Ken takes on a relatively small number of clients each month. He's no assembly... (Continue reading)