Finance & Law for Not-So-Dummies

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...

There used to be a TV show, weekly, called appropriately "THAT WAS THE WEEK THAT WAS". It provided a satirical review of the week...

There is a new mosaic, or one that was just not recognized, developing in the Economy, and somewhat specifically in the mortgage area. Banks...

The Wall Street Journal in its February 5-6, 2011 edition had an article by David Benoit, entitled "BofA Sets Mortgage Cleanup Unit...

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

A few weeks ago, the Senate interrogated the guys from Goldman Sachs, a Wall Street so-called "Investment Bank" The argument was...

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 (...

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 ...

Countrywide, now part of Bank of America was one of the major lenders to sub-prime borrowers (that only means a credit score below 680 (or 6...

An Associated Press story in the New York Times on April 16, 2006 headlines "SIX LENDERS TO GET HOME LOAN AID", specifying in the ...

This posting will begin a 3 part series, to be finished by week's end, where we try to make understandable the un -understandable. Obvio...

The lessons our financial leaders should have learned from the "mortgage crisis" but did not, show how slow we are as an economic ...

NPR had a piece on the 13 th discussing the issues dealt with here in days past, namely the mortgages servicers / securitization problems....