Posts Tagged ‘the niche report’

A TIME FOR GOOD JUDGEMENT: The jury is in AND we need judges to modify the way banks behave.

A TIME FOR GOOD JUDGEMENT:  The jury is in AND we need judges to modify the way banks behave.

Our country is in crisis, and we can't expect the banks to act for the overall good of our society... that's not their role... that's the role of the elected representatives who serve in our government. No surprises there,... (Continue reading)

Why Servicers Foreclose When They Should Modify… YAWN.

Why Servicers Foreclose When They Should Modify... YAWN.

So, I have bad news... help is not on its way. No one is going to do anything to make this situation better. It's up to us and us alone. In my mind this is war, people,... (Continue reading)

Bringing Up the Rear: Me, Martin Andelman

Bringing Up the Rear: Me, Martin Andelman

It's a credit crisis, a global financial crisis, a foreclosure crisis, an economic catastrophe, the total destruction of the secondary mortgage market, the end of pension plan investing and Wall Street's investment banks, and an ongoing example of why derivatives... (Continue reading)

For Bankers of Failed Financial Institutions… the Pain Is Not Over Yet

For Bankers of Failed Financial Institutions… the Pain Is Not Over Yet

Shiela! There you are! Where the heck have you been girl? Last I heard, Hank Paulson sent you for coffee, and you've been standing in Geithner's shadow ever since. It's about damn time, girl! ... (Continue reading)

New Legislation to Offer $1 Billion in Federal Loans to Help Unemployed Homeowners Pay Mortgages

New Legislation to Offer $1 Billion in Federal Loans to Help Unemployed Homeowners Pay Mortgages

Plus, if I was at all unsure of my position on this program, the clincher was finding out that the cost of both programs is being covered by a tax on large banks and hedge funds contained in the bill.... (Continue reading)

HAMP’s New Enhancements are Stupid and I’m Getting Tired of Stupid

HAMP’s New Enhancements are Stupid and I’m Getting Tired of Stupid

They did it again, damn it. The Harvard contingent that's packed in like sardines in this administration once again demonstrated that they have no idea what they're doing when it comes to the foreclosure crisis.... (Continue reading)

CONTACT CONGRESS: Support Judges Modifying Mortgages NOW! Otherwise, It’s All Up to the Banks.

CONTACT CONGRESS: Support Judges Modifying Mortgages NOW! Otherwise, It's All Up to the Banks.

Click the button below NOW. There is literally NO TIME TO SPARE... You don't even need to know your representative's name. All you need to know is your own name, address, phone and zip code. The letter... (Continue reading)

Bringing Up the Rear – Ex-NAR Chief Economist David Lerah

He says he's retired, but can you retire from lying? Can you be a retired liar? How would anyone know for sure when you retired? ... (Continue reading)

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Pardon Me… Can We Talk?

Okay, so I just got back from vacation... and I'm feeling particularly impish. So, I thought it might be a good time to bring up a couple of things that have been swirling around in my overly active and... (Continue reading)

July’s Issue of The Niche Report… Bringing Up the Rear: FDIC Chair Sheila Bair

In case you don’t already know, I wrote the cover story for the May issue of The Niche Report magazine, titled “Pigs, Puppets & People in Peril – The Administration’s Curious Case Against Loan Modification Firms”.  And it was really... (Continue reading)