Finance & Law for Not-So-Dummies

Whether CA and NY join is anticlimactic. The quibbling over the amount of the settlement was foolish. $17B or $25B has never been the issue....

My mortgage modification clients often ask about the class actions or Attorney Generals actions against mortgage companies, lenders, and ser...

The other day, I responded to a comment on Twitter from a knowledgeable mortgage financing friend regarding the current housing situation vi...

RealtyTrac, the company that tracks foreclosures (state by state) and gives national figures, reports that foreclosures, meaning homeowners ...

There were two "complimentary" articles yesterday - one in American Banker, entitled " MBS Trustees Push JPMorgan Chase for ...

Rep Randy Neugebauer, Chairman, House Financial Services Oversight Subcommittee, said it is time for the government to admit its foreclosure...

This posting's title, with apologies to Carly Simon who wrote and sung Billboard's 72nd most popular song ever, is appropriate if an...

All of the news of late has been about the so-called "robo-signers" at mortgage companies dealing in 23 "judicial foreclosur...

The new Neighborhood Stabilization Act, which was enacted with an Emergency Preamble, became effective, in part, upon signing by Governor Du...

Yesterday, the Massachusetts legislature passed and Governor Duval Patrick (D) signed a bill that will grant additional safeguards to homeow...

The first step in reversing a foreclosure is to prevent it in the first place. Makes no sense but it is true. Very few people (almost none) ...

There is no way to maintain this BLOG as frequently as would be liked because FORECLOSURES ARE NOT DECREASING! We are saving at least one (...

I recently saw a billboard that read " THE RECESSION: IT HAS AND END". Tell that to the people who have been irreparably damaged b...

As we approach the end of the year there are a number if issues we should keep in mind. All are important but at differing levels depending ...

"How Many Clients Does It Take To Change A Light Bulb ?" is the name of a small but funny (to a lawyer anyway) book by a fellow at...

The money supply to Banks is there. Interest rates for Bank borrowing is still near 0%. But, homeowners are now subject to much tighter rule...

Foreclosures are up 23% from the end of the 3rd quarter last year . Foreclosures are up 5% from the end of the second quarter this year. If ...

The Obama administration's Making Home Affordable program, you know the one to stop foreclosures on millions of homes, is missing the ma...