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31 Jan 2011, 4:17 am
House Republicans have introduced legislation that would repeal HAMP, the administration’s Home Affordable Modification Program, saying that the program is “a colossal failure,” and running around quoting the latest SIGTARP report published by the Inspector General for the program, Neil Barofsky. [read post]
29 Jan 2012, 5:31 pm
In just two days from now, on Monday, January 30, 2012, at 3:00 PM… a terrible, tragic and yet easily avoidable event is scheduled to occur… and MUST BE STOPPED. [read post]
23 Jan 2011, 10:29 am
I can’t think of any subject that has been so widely and frequently discussed and studied, over such a long period of time, by such a large number of experts and observers, who continually espouse such a diverse range of opinions and cite such a large number of conflicting facts, that is still so misunderstood… or understood differently by different people… or in short, is such a mess… that affects so many people… and is so important to our government and our… [read post]
13 Jul 2012, 7:31 am
According to the HOPE NOW Alliance, May was a very UP month. [read post]
14 Jan 2012, 12:51 pm
I was born and raised in the Northeast… born in Manhattan… father’s family from Boston with too many Harvard grads to count… and I grew up in Pittsburgh. [read post]
24 Feb 2011, 8:37 pm
Frankly, I don’t know where to begin. [read post]
19 Apr 2011, 12:41 pm
I have to tell you right up front that I’m damn tired of vacillating regulatory initiatives that produce feeble or even flaccid responses to issues that are unnecessarily destroying the lives of millions of Americans and preventing our national economy from any sort of meaningful recovery… all while the administration blathers on about the budget and Libya while playing golf, and our legislature continues to engage in petty politics while shining the shoes of Wall Street’s elite. [read post]
19 Oct 2011, 6:54 am
The New York Times ran a story yesterday under the headline: Gloom Grips Consumers, and it May Be Home Prices. [read post]
10 Feb 2011, 7:14 am
Later today, the State of California is slated to announce the details of a new program allegedly designed to help some of the state’s distressed homeowners. [read post]
31 Oct 2011, 4:14 am
Originally published on December 7, 2009. [read post]
5 Dec 2010, 4:00 am
IN CASE YOUR INTERESTED At 49 years old, and having originally founded my firm back in 1989, it’s been some time since I’ve been asked for a resume, as one might imagine. [read post]
20 Jan 2012, 7:21 am
It’s time for me to have an adult conversation with the experienced practicing attorneys in this country. [read post]
19 Oct 2011, 6:54 am
The New York Times ran a story yesterday under the headline: Gloom Grips Consumers, and it May Be Home Prices. [read post]
30 Apr 2012, 6:15 am
I realize you’re both very busy and were it not important, I would not presume to take up any of your time, or the time of your advisers, but it has long since become clear that neither of your campaigns understands several of the key dynamics that will have a major impact on which one of you wins in November of 2012. [read post]
15 Feb 2011, 12:53 pm
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. [read post]
15 Jun 2011, 1:25 am
There have been times in my life when certain words gained meaning all of a sudden. [read post]
12 May 2010, 7:00 am
Okay guys, if you haven’t already realized that this is going to be one of those Mandelman smack-downs, I can absolutely assure you that it is, so if you don’t like that sort of thing… well, it’s time to say “Check please,” and head for the door, ‘cause I have lost the modicum of patience I normally have with clowns like Donald, and so many others in the mortgage banking industry, and if I don’t say anything about good old Donny-boy,… [read post]
23 Nov 2012, 3:13 am
The recent news about the 78 year-old Federal Housing Administration (“FHA”), being the next multi-billion dollar bailout and requiring $78 billion, has many implications and everyone should pay attention as the story develops, because we’re all sure to learn a lot… about a lot more than just the FHA. [read post]
4 Nov 2011, 1:42 am
The OCC has announced the rules and program details for its much anticipated Independent Foreclosure Review process for homeowners. [read post]
12 Feb 2012, 2:37 pm
By now if you haven’t already heard that the 50 State AGs reached a settlement with the five major banks, then you’ve either been adrift at sea, or perhaps you’re just now coming out of a coma. [read post]
