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31 Jan 2011, 4:17 am by Mandelman
The truth about HAMP, and it’s important to remember that I have been one of the harshest critics of the program since the night it was first described by the president in late February of 2009, is that as of the second half of 2010, the program finally started to improve in its effectiveness, both in terms of providing modifications, and because it has positively influenced and to some degree standardized the structure of modifications offered outside of HAMP, and that are much more commonly… [read post]
25 Jan 2011, 7:24 am by Mandelman
So, you might wonder why Bank of America is included as a defendant, as in shouldn’t BofA be getting sued by another set of investors… I mean, if we’re going to do these one at a time, we’re going to be here for a while. [read post]
19 Dec 2010, 1:16 am by Mandelman
Servicers aren’t acting in the best interests of investors or borrowers, or even our society as a whole. [read post]
17 Dec 2010, 8:46 am by Mandelman
  And as I’ve said countless times before, although in hundreds of ways to avoid obvious repetition, both crises continue to drag our economy into a deep and prolonged recession as their combined impact destroys the accumulated wealth of all but America’s wealthiest citizens. [read post]
17 Dec 2010, 7:42 am by admin
  In peri-urban America, the tide ebbs and flows with the economy, and with people flows. [read post]
6 Dec 2010, 10:55 am by Mandelman
And besides all that, if a Vegas odds maker saw Bank of America on one side of the table, and Mr. and Mrs. [read post]
18 Nov 2010, 5:46 am by Shlomi Steve Levy
Bank of America, one of the largest mortgage lenders in the US, declared a moratorium on all foreclosure sales and recalled thousands of transactions they suspected had been robo-signed. [read post]
7 Nov 2010, 7:45 am by Josh Sturtevant
 Through careful and systematic purchases or sales of Treasury securities, adding or subtracting dollars from the economy, it can impact overnight lending rates which are used as a guide by others in the economy who utilize interest rates, i.e. home and business loan lenders. [read post]
13 Oct 2010, 10:44 am by Donna Mia
But what would prompt our country’s largest lenders to do such a thing? [read post]
10 Oct 2010, 8:11 am by Mandelman
Just a week later, BofA broadened out their foreclosure freeze to include all 50 states, which should have signaled to all just how all encompassing this whole thing is, and is likely to become. [read post]
30 Sep 2010, 8:11 am by admin
  The whole system is built on the integrity of each intermediary’s warranty that everything was done properly and consistently with written handbook procedures. [read post]
26 Sep 2010, 7:36 pm by Kevin Funnell
At that point, the bank suddenly blamed the whole affair on a "system error. [read post]
31 Aug 2010, 11:14 am by blacklobellolaw
  It is hopeful that the courts will not turn a blind eye to these whole-hearted attempts. [read post]
30 Aug 2010, 8:34 am by Mandelman
I hear a lot of anger, a lot of fear, and a lot of resignation at America lost. [read post]
3 Aug 2010, 10:23 am by Mandelman
Production of Corollas in North America was moved to Canada. [read post]
7 Jul 2010, 11:07 am by R. Grace Rodriguez, Esq.
Shaw for Amici Curiae Bank of America and BAC Home Loans Servicingon behalf of Real Parties in Interest.Wright, Finlay & Zak, Thomas Robert Finlay and Jennifer A. [read post]