Posts Tagged ‘stop foreclosures’

Ex-Goldman Execs Now “Help” Foreclosure Victims Buy Homes at 10% (Homes they probably shouldn’t have lost in the first place?)

Ex-Goldman Execs Now

Shelter Growth Capital Partners, founded by ex-Goldman execs, buy foreclosed homes on the cheap and re-sell them for tens of thousands more at 10% interest rates. From the people who brought you the foreclosure crisis... get ready for the... (Continue reading)

Attorney Mark Didak Who Wrote Amicus Brief in Yvanova v. New Century – A Mandelman Matters Podcast

Attorney Mark Didak Who Wrote Amicus Brief in Yvanova v. New Century - A Mandelman Matters Podcast

Los Angeles attorney, Mark Didak, who wrote an amicus brief in the Yvanova v. New Century Mortgage case, shares views and excitement related to the decision.... (Continue reading)

Richard Antognini, the Lawyer Who Took Yvanova to California’s Supreme Court – A Mandelman Matters Podcast

Richard Antognini, the Lawyer Who Took Yvanova to California's Supreme Court - A Mandelman Matters Podcast

Richard Antognini is the lawyer who took the Yvanova v. New Century Mortgage case to California's Supreme Court. Don't miss what he has to say about the case.... (Continue reading)

California Court’s Yvanova Decision Opens Door to Very Dark Room

California Court’s Yvanova Decision Opens Door to Very Dark Room

In Yvanova, the court didn’t say whether her claim that the trust didn't own her loan would prevail, only that a borrower now has standing to make that claim.... (Continue reading)

Nationstar: A Multi-billion Dollar Settlement over Foreclosure Practices Waiting to Happen

Nationstar: A Multi-billion Dollar Settlement over Foreclosure Practices Waiting to Happen

Just when I was sure that no servicer could be worse than Wells Fargo or HSBC... here comes Nationstar, a servicer seemingly dedicated to reaching new lows.... (Continue reading)

California No Longer Foreclosure Kingpin? Playing with the data… again.

California No Longer Foreclosure Kingpin? Playing with the data... again.

The headline in the OC Register about California no longer being the foreclosure kingpin is just flat out misleading.... (Continue reading)

Why Did Obama Wait Until December 2015 to Extend Mortgage Debt Forgiveness Act?

Why Did Obama Wait Until December 2015 to Extend Mortgage Debt Forgiveness Act?

I wonder how many people chose foreclosure last year because the Act had not been extended… only to find out now that Obama made the extension retroactive.... (Continue reading)

Where did the billions go when banks settled with our government?

Where did the billions go when banks settled with our government?

What if there had been $50 billion to spend on helping homeowners avoid foreclosure. That would be more than we've spent to-date on foreclosure prevention. ... (Continue reading)

OCC Clamps Down on 6 Banks for Noncompliance with 2011 Consent Orders

OCC Clamps Down on 6 Banks for Noncompliance with 2011 Consent Orders

Servicers were cited for failing to respond to borrower requests for loan modifications, not making a good-faith effort to prevent foreclosures and not having systems in place to track progress.... (Continue reading)

Not Surprisingly, HAMP & HARP Programs Extended Once Again

Not Surprisingly, HAMP & HARP Programs Extended Once Again

The FHFA has announced that it has extended Fannie and Freddie's participation in the Home Affordable Modification Program (HAMP) and the Home Affordable Refinance Program (HARP) for an additional year, until the end of 2016.... (Continue reading)

Leave Octogenarians at Home – Stop Evictions after 80.

Leave Octogenarians at Home - Stop Evictions after 80.

Over the last few weeks I’ve learned that we’re a country that actually doesn’t care about people in their 80s that run into financial difficulties. In fact… and as incredible as it may seem, WE EVICT THEM.... (Continue reading)

Foreclosures Rising 1st Time in 3 Years, Says RealtyTrac. So, is that good or bad?

Foreclosures Rising 1st Time in 3 Years, Says RealtyTrac.  So, is that good or bad?

We have to take steps to put an end to foreclosures caused by the meltdown… not slow them down with another bandage, but actually make a commitment to stop the bleeding. We have to come to realize what’s still happening... (Continue reading)

Attorney Argues “Produce the Note” and Makes a Bad Situation Worse for Homeowners Facing Foreclosure

Attorney Argues

What happened here is not an example of homeowners fighting to keep their homes... it’s not an example of foreclosure defense at all. It’s only an example of how what’s happening on the homeowner’s side of this fight, can... (Continue reading)

Foreclosures Impact One in 10 Children in this Country Today, Report Shows

Foreclosures Impact One in 10 Children in this Country Today, Report Shows

No matter, the more important conclusion reached by the report is that, “Nearly four years later, the problem shows no signs of abating.” And isn’t that just a lovely thought that made me throw up in my mouth a... (Continue reading)

What people NEED to know about the foreclosure crisis in 2013 & 2014

What people NEED to know about the foreclosure crisis in 2013 & 2014

My point is that the increasing sales volume of non-performing loans means the unthinkable... that it’s going to get even worse for homeowners who are seriously delinquent and need to get their loans modified in order to keep their homes.... (Continue reading)

What’s the difference between Spain and the USA? Empatía y sentido común. Sí, es verdad.

What’s the difference between Spain and the USA?  Empatía y sentido común.  Sí, es verdad.

"In Spain right now, we have nearly a million empty housing units. In this situation, the government and the economy ministry ... has to take steps so that no family in good faith goes without a home.”... (Continue reading)

Loan Modification Process Improving at BOA and Other Servicers

Loan Modification Process Improving at BOA and Other Servicers

why would Smith publish a report whose only meaningful certainty was to scare even more homeowners away from paying attention to Bank of America's borrower outreach efforts? BOA and its peers were already having a hard time reaching... (Continue reading)

In Re Walker, Part Deux – March 3rd, 2011, may just be a HUGE day for California Homeowners

In Re Walker, Part Deux – March 3rd, 2011, may just be a HUGE day for California Homeowners

So, Citi’s lawyers filed a new proof of claim… and Ricki Walker’s attorney, Mitchell Abdallah, filed a new objection, so Judge Sargis will once again have a chance to uphold the rule of law and change the playing field for... (Continue reading)


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