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The National Debate Over Loan Modification Re-defaults is Stupid

It is apparently time for yet another national debate on whether loan modifications are an effective way to prevent foreclosures, and so far this one promises to be every bit as stupid as the last....

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Borrowers Facing Foreclosure Should be Dancing in the Streets Over ‘X’ and...

  Four years ago this January, I was invited to speak at the American Bar Association’s (“ABA”) Conference on Consumer Financial Services, which was being held that year in Park City, Utah.  In...

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Meet Thomas Cox, Esquire. A National Hero in Foreclosure Defense

Portland Maine attorney Thomas Cox is a national hero of the foreclosure crisis. Frankly, I thought everyone already knew that, but apparently not.  So, if you aren’t already familiar with what Tom...

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The National Debate Over Loan Modification Re-defaults is Stupid

It is apparently time for yet another national debate on whether loan modifications are an effective way to prevent foreclosures, and so far this one promises to be every bit as stupid as the last....

View Article

Image may be NSFW.
Clik here to view.

Borrowers Facing Foreclosure Should be Dancing in the Streets Over ‘X’ and...

  Four years ago this January, I was invited to speak at the American Bar Association’s (“ABA”) Conference on Consumer Financial Services, which was being held that year in Park City, Utah.  In...

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Is HAMP Poised to Improve in Year 3?

All we are saying… is give HAMP a chance… All we are saying… is give HAMP a chance… All we are saying… Come on, what’s wrong… sing it with me? No?  Yeah, I understand… I’m not really up for singing...

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Following in the Rich Tradition of Appraisal Fraud, Servicers Using Zillow®...

  More and more servicers are reportedly telling homeowners that they’re using Zillow to determine home values when making decisions on whether to approve or deny loan modifications… actually let me...

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The National Debate Over Loan Modification Re-defaults is Stupid

It is apparently time for yet another national debate on whether loan modifications are an effective way to prevent foreclosures, and so far this one promises to be every bit as stupid as the last....

View Article


Image may be NSFW.
Clik here to view.

Borrowers Facing Foreclosure Should be Dancing in the Streets Over ‘X’ and...

  Four years ago this January, I was invited to speak at the American Bar Association’s (“ABA”) Conference on Consumer Financial Services, which was being held that year in Park City, Utah.  In...

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Four Million Homes Rise Above Water in Q4… Does anyone realize how stupid a...

Okay, look… there’s stupid and then there’s really stupid… and then beyond that I suppose you reach the point of turn-away-out-of-embarrassment-stupid.  And that’s what we deteriorated into at the end...

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A Visit to the Front Lines: Richmond, California, Eminent Domain & Mortgage...

  Want to make a banker get all hot under the collar in less than ten seconds?  It’s really easy. Just tell him or her that you’re in favor of using eminent domain to take over underwater loans in...

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BREAKING NEWS: Newark Votes, Approves Use of Eminent Domain to Fight...

 Newark, New Jersey has become the first city in the country to officially approve a controversial plan that uses eminent domain to fight foreclosures and neighborhood blight.  Newark’s new mayor, Ras...

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The National Debate Over Loan Modification Re-defaults is Stupid

It is apparently time for yet another national debate on whether loan modifications are an effective way to prevent foreclosures, and so far this one promises to be every bit as stupid as the last....

View Article


Image may be NSFW.
Clik here to view.

Borrowers Facing Foreclosure Should be Dancing in the Streets Over ‘X’ and...

  Four years ago this January, I was invited to speak at the American Bar Association’s (“ABA”) Conference on Consumer Financial Services, which was being held that year in Park City, Utah.  In...

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IT’S BACK & IT’S HERE: Mandelman’s Monthly Museletter – Version 9.0

Yeah, I know… it’s been several months since my last Monthly Museletter.  So, what’s your point?  I try to keep up but it’s not easy.  The banks are such pond scum that their crimes and abuses come...

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New Fed Governor Sarah Bloom Raskin Gives Me Reason to Hope

On October 4, 2010, President Barack Obama appointed Sarah Bloom Raskin to be a member of the Board of Governors of the Federal Reserve System. Raskin has a B.A. in Economics from Amherst College, her...

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Republican Filibuster Discloses that GOP Opposes DISCLOSURE

  On Monday evening, Senate Republicans filibustered to kill S.3369, the DISCLOSE Act… “A bill to amend the Federal Election Campaign Act of 1971 to provide for additional disclosure requirements for...

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The National Debate Over Loan Modification Re-defaults is Stupid

It is apparently time for yet another national debate on whether loan modifications are an effective way to prevent foreclosures, and so far this one promises to be every bit as stupid as the last....

View Article

Image may be NSFW.
Clik here to view.

Borrowers Facing Foreclosure Should be Dancing in the Streets Over ‘X’ and...

  Four years ago this January, I was invited to speak at the American Bar Association’s (“ABA”) Conference on Consumer Financial Services, which was being held that year in Park City, Utah.  In...

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Clik here to view.

California Homeowner Loses $16.2 Million Awarded by Jury

This past July, a jury in Yuba, California awarded a homeowner, Mr. Phillip Linza, $16.2 million after he sued PHH Mortgage for, generally speaking, treating him like he was… well, a kickball or...

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