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Civil Beat Reporter in Hawaii Interviews Mandelman on Fannie Mae Decision to...
Civil Beat’s Robert Brown interviews Sen. Baker, Rep. Herkes, FACE’s Kim Harmon… AND ME! Fannie Mae Skirts Landmark Hawaii Foreclosure Law By Robert Brown 6/15/2011 Mortgage giant Fannie Mae has found...
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Attention Hawaii Homeowners with Bank of America and Ocwen Loans… Let Me Help
Okay, if you’re a homeowner in Hawaii with a Bank of America or Ocwen mortgage, and you’re trying to keep your home through a loan modification, or get out from under your loan through a short sale,...
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Bankers Apoplectic Over Arizona’s Republican Dominated Senate Passing Chain...
Frankly, I don’t know where to begin. There’s just so much to say. It’s like a cornucopia of… well, lots of stuff to say. Bankers everywhere must be walking in circles, muttering to themselves,...
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KPHO Channel 5 Arizona Airs Story on Rep. Seel’s Principal Reduction
Well, if you remember the story on Mandelman Matters last week about Arizona’s Rep. Carl Seel who received roughly a $100,000 PRINCIPAL REDUCTION on his $190,000 mortgage two days before he was to...
View ArticleMandelman on Arizona’s Channel 12 NBC News… And other news.
So, I just got back from a couple weeks in Arizona filming the foreclosure crisis documentary I’ve been working on over the last year… it’s titled “Irresponsible Borrowers,” and I’ll be releasing the...
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I’m Back in the Saddle Again… What’d I miss? Nothing, unfortunately.
Most of my regular readers know that I tend to take off for a couple of months each year… usually one is in the Spring and the other in late summer. In past years I’ve known that it’s time for a...
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Denial and Avoidance Won’t Fix Housing or Grow Economy
De-Nile is a river in Egypt, not a growth strategy. I was reading about the 1930s… Unemployment climbed from 3.2 to 8.7 percent… the year is 1930. In 1931, the unemployment rate rises to 15.9...
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One Bank Did Right by Homeowners & Shareholders – A Story You Haven’t Heard...
We all know what happened as a result of the mortgage market melt down that began during the summer of 2007… we’re still nursing our wounds, millions have lost homes, millions are still at risk of...
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Bill to End Foreclosure Mediation In Missouri Passes… Wake Up, Missouri
Here’s what can happen when people get lulled into a false sense of security listening to the news stories about how our housing markets have rebounded and foreclosures are down… we risk losing the...
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South Carolina’s Hardest Hit Funds Farce… Failing but Finally Changing?
The 18 states designated as being those “hardest hit” by the foreclosure crisis were given a total of $7.6 billion in February of 2010. The money was to be used by the states to help homeowners...
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Nevada Legislature Considers Passing its Own Homeowner Bill of Rights
In 2011, and in response to the “robo-signing” scandal that would eventually lead to the National Mortgage Settlement, Nevada became the first state to do something legislatively that served to reduce...
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What Makes a Mortgage a “Bad Loan?” I’m Confused.
What makes a loan a “bad loan?” I know there are lending practices defined as being predatory in nature that result in “bad loans,” but that’s not what I’m talking about. According to the Center for...
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Foreclosure Surprise! Stomping on Maryland Homeowners
Here’s some further evidence of the housing market’s and the overall economy’s inexplicable, but unstoppable recovery… in Maryland foreclosures in April were up by 154 percent year-over-year… home...
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The Foreclosure Bowl: Connecticut Finally Makes it Into Top 10
Understandably, Connecticut has always had a bit of an inferiority complex. Wedged in just north of high profile states like New York, New Jersey and Pennsylvania, while looked down on by the erudite...
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Alabama Slamma’ – Not for Better, Far Worse… As Foreclosures we Chart.
We seem to be having a national recovery in much of the media, but in the states themselves the numbers are refusing to cooperate. I guess if you can have a “jobless recovery,” then you can probably...
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Bankers Apoplectic Over Arizona’s Republican Dominated Senate Passing Chain...
Frankly, I don’t know where to begin. There’s just so much to say. It’s like a cornucopia of… well, lots of stuff to say. Bankers everywhere must be walking in circles, muttering to themselves,...
View ArticleClik here to view.
KPHO Channel 5 Arizona Airs Story on Rep. Seel’s Principal Reduction
Well, if you remember the story on Mandelman Matters last week about Arizona’s Rep. Carl Seel who received roughly a $100,000 PRINCIPAL REDUCTION on his $190,000 mortgage two days before he was to...
View ArticleMandelman on Arizona’s Channel 12 NBC News… And other news.
So, I just got back from a couple weeks in Arizona filming the foreclosure crisis documentary I’ve been working on over the last year… it’s titled “Irresponsible Borrowers,” and I’ll be releasing the...
View ArticleClik here to view.
Bringing Up the Rear – Dale Westhoff, Credit Suisse Group AG
It takes brass balls to be a banker these days and come out in opposition to writing down mortgage balances for homeowners hopelessly underwater because of “moral hazard.” And yet, that is...
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Discussing Foreclosure Crisis Solutions with Impac Mortgage CEO Joe Tomkinson
Joe Tomkinson is the Chairman, CEO and co-founder of Impac Mortgage (NYSE MKT), the mortgage bank that tried to do it the right way for homeowners, bondholders and shareholders… didn’t take a nickel...
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