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Foreclosures Increase 11.2% in Third Quarter over Second Quarter of 2010. And...

According to Wednesday’s report released by the Office of the Comptroller of the Currency (“OCC”) and Office of Thrift Supervision (“OTS”), there were nearly 245,000 completed foreclosures in the...

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When Auditing Foreclosures, the OCC’s Definition of the Word “Thorough” is...

The Consent Orders issued by federal banking regulators a few weeks back said that the country’s largest bank-servicers had to conduct “a thorough independent review” of their foreclosures. So, on...

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Insider Says Wells Fargo’s Independent Foreclosure Review for OCC is “a Sham”

    I got an email the other night from one of my readers.  It said…   “I was hired as one of those “Independent File Review Specialist” at a company called Promontory working on Wells Fargo Bank. I...

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Good News About Housing Recovery… Your Kids Will be Living With You for a...

There is some good news about today’s housing recovery, as far as I’m concerned… chances are my daughter will be moving back home after college and living with us for years after that.  So, yay!  I’m...

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Realtors & Mortgage Brokers: Toughest Year for Housing Markets Since 2010 Ahead

    Our housing markets are now heading directly into the perfect storm and those in the real estate and mortgage industries would be well advised to get prepared for the downturn now.  I dislike...

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If WE owned a pool of loans… would WE allow principal reductions?

  It seems that there’s quite a bit of discussion lately about principal reductions.  Are they the best possible medicine for homeowners, investors, the housing market and our economy as a whole?  Or...

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Bank of America: Lending Tight as Ever and Won’t Change Soon

Today, a headline in Origination News caught my eye, and reading the article that followed under it reeled the rest of me into the juicy story. The headline in question, “The Myth of Loosening...

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Atty. Bruce Levitt of Kemp v. Countrywide – A Mandelman Matters Podcast

The more you learn about the Kemp v. Countrywide case, the more you realize how unlikely it is that anything like it will ever happen.  This was the case on which the banking industry went to school....

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Attorney Bruce Levitt on Saving Homes from Foreclosure in New Jersey – A...

  Attorney Bruce Levitt is considered one of the top foreclosure defense and consumer bankruptcy attorneys in New Jersey and even in the entire country.  He’s the lawyer from responsible for the...

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Foreclosures Increase 11.2% in Third Quarter over Second Quarter of 2010. And...

According to Wednesday’s report released by the Office of the Comptroller of the Currency (“OCC”) and Office of Thrift Supervision (“OTS”), there were nearly 245,000 completed foreclosures in the...

View Article

Image may be NSFW.
Clik here to view.

When Auditing Foreclosures, the OCC’s Definition of the Word “Thorough” is...

The Consent Orders issued by federal banking regulators a few weeks back said that the country’s largest bank-servicers had to conduct “a thorough independent review” of their foreclosures. So, on...

View Article

Image may be NSFW.
Clik here to view.

Insider Says Wells Fargo’s Independent Foreclosure Review for OCC is “a Sham”

    I got an email the other night from one of my readers.  It said…   “I was hired as one of those “Independent File Review Specialist” at a company called Promontory working on Wells Fargo Bank. I...

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A case of major lending institutions with no respect for the law… Part of the...

Jeff Thigpen is Guilford County, North Carolina’s Register of Deeds, and I didn’t write the headline above, those are his words used to describe the fraudulent acts of our nation’s major banks,...

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Register of Deeds, Jeff Thigpen, Is Not Playing Around – A Mandelman Matters...

Jeff Thigpen is the Register of Deeds for Guilford County in Greensboro, North Carolina.  The way he explains it, he has two primary responsibilities: 1. To protect the chain of title when property...

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IF TRUE, IT’S TREASON – CBO Director Douglas Elmendorf and the Impact of the...

  During the fall of 2010, Lan T. Pham, PhD was a “senior staffer financial economist” at the Congressional Budget Office.  She was fired after less than three months on the job.   In February she...

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Foreclosures Increase 11.2% in Third Quarter over Second Quarter of 2010. And...

According to Wednesday’s report released by the Office of the Comptroller of the Currency (“OCC”) and Office of Thrift Supervision (“OTS”), there were nearly 245,000 completed foreclosures in the...

View Article

Image may be NSFW.
Clik here to view.

When Auditing Foreclosures, the OCC’s Definition of the Word “Thorough” is...

The Consent Orders issued by federal banking regulators a few weeks back said that the country’s largest bank-servicers had to conduct “a thorough independent review” of their foreclosures. So, on...

View Article


Image may be NSFW.
Clik here to view.

Insider Says Wells Fargo’s Independent Foreclosure Review for OCC is “a Sham”

    I got an email the other night from one of my readers.  It said…   “I was hired as one of those “Independent File Review Specialist” at a company called Promontory working on Wells Fargo Bank. I...

View Article

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Clik here to view.

This country has changed. And it hasn’t. The power of the people remains intact.

“The right of representation in the legislature is a right inestimable to the people, and formidable to tyrants only.” Thomas Jefferson: Declaration of Independence, 1776 Yesterday all U.S. citizens...

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The One Number You’re Forced to Care About… Your FICO Score

There’s no question about it… the whole credit industry is a real racket.  They’ve got us over a barrel or under their thumb, pick the cliché you like, but there’s just no way out… we simply have to...

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