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15 Sep 2010, 6:53 pm
I’ve been following politics since I was about nine years old. [read post]
Federal Regulators to Bring Enforcement Actions Against Banks… May Get Rid of Hot Towels in Washroom
17 Feb 2011, 8:27 am
After lawyers deposing bank personnel uncovered “robo-signers” fraudulently signing thousands of lost note affidavits and other documents the serivcers were required to have in order to foreclose on a home, but apparently didn’t, a regulatory review of mortgage servicer practices was initiated by the federal banking agencies. [read post]
29 Nov 2011, 8:14 am
What you are about to read has not been smoothed out or otherwise homogenized, it’s just the news as it’s coming at me… and you. [read post]
3 Aug 2010, 10:23 am
In 1984, General Motors and Toyota entered into a joint venture, and they called it the NUMMI plant in Fremont California. [read post]
9 Nov 2011, 5:31 am
Wow, when it comes to our economy, what a difference a month or so makes, wouldn’t you say? [read post]
13 Mar 2011, 9:57 pm
Last week, Felix Salmon stopped me in my tracks by running a headline that said that Bank of America doesn’t “believe in treating borrowers fairly. [read post]
25 Sep 2010, 10:31 pm
On Feb. 13, 2009, Congress passed the American Recovery and Reinvestment Act of 2009 (ARRA). [read post]
11 Jun 2010, 5:00 am
With the banks pretty much running the show over the last couple of years, tossing homeowners around like flotsam and jetsam, it’s rare to see anything come out of the courts that favors the rights of homeowners. [read post]
20 Feb 2012, 10:34 am
URGENT! [read post]
7 May 2012, 4:25 am
The International Monetary Fund (“IMF”), in its latest World Economic Outlook, stated quite clearly that mortgage write-downs, among other forms of debt forgiveness, can deliver significant economic benefits by substantially mitigating the negative impact of deleveraging on a nation’s economic activity. [read post]
18 Jun 2012, 5:28 am
Just a few days ago, the FTC sent out the press release shown in its entirety below. [read post]
15 Feb 2012, 10:17 pm
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. [read post]
2 Aug 2012, 2:22 pm
Over this past year or so, and especially last month, it feels as if we’ve been treated to an overabundance of financial scandals. [read post]
20 May 2010, 5:15 am
And yes, when you order your copy, or copies from the link below, you help Mandelman Matters at the same time, because as an Amazon Affiliate, we do receive a small percentage of the books sold as a result of p [read post]
16 May 2011, 4:52 pm
Wells Fargo Bank, with their all-American stagecoach logo, has just been accused of violating the Servicemember Civil Relief Act, a federal law that requires members of the armed forces on active duty to be told about civil actions like foreclosure, and allows them to delay the process until they return home to defend themselves against the action… assuming they make it home, of course. [read post]
9 Jan 2011, 9:10 pm
The attempted assignation of Rep. [read post]
11 Sep 2010, 5:44 am
“JPMorgan CHASE is in the foreclosure business, not the modification business’. [read post]
5 Jan 2011, 4:35 pm
I’ve been doing some thinking, and I have several questions for the real estate and mortgage experts. [read post]
5 May 2011, 11:36 pm
California Senate Bill 729 failed to pass in the Senate Banking Committee for the second time in the last two weeks. [read post]
7 May 2012, 4:25 am
The International Monetary Fund (“IMF”), in its latest World Economic Outlook, stated quite clearly that mortgage write-downs, among other forms of debt forgiveness, can deliver significant economic benefits by substantially mitigating the negative impact of deleveraging on a nation’s economic activity. [read post]
