Archive for January 2010

BREAKING NEWS: Treasury Announces Much-Awaited Major Improvements to HAMP Loan Modifications (Mandelman Matters)

January 30, 2010

That’s it and that’s all.  The next time the waste-of-time jerk-offs at Treasury announce that they’re going to be making some sort of major announcement, I’m not even going to pay attention.  Want to know what changed… you know, in an effort to improve the catastrophic failure that is Obama’s housing plan… 1. Well, for [...]

Oppenheim Law’s Top 15 FL Real Estate Lessons of 2009

January 26, 2010

A great message from the South Florida Law Blog click here: Oppenheim Law’s Top 15 FL Real Estate Lessons of 2009.

Modified Home Loans: Necessity of the Day (Associated Content)

January 23, 2010

By Adam Hefner Loan modification is debatably the best solution to your problems when you are lagging on your mortgage and facing financial hardships, to save your home from foreclosure. Modified home loans are something similar to Mortgage Refinancing, in which the prime focus is to discover a comfortable repayment of your mortgage. It is [...]

THE WAY WE LIVE NOW Walk Away From Your Mortgage! (New York Times)

January 14, 2010

By ROGER LOWENSTEIN, published January 7, 2010 John Courson, president and C.E.O. of the Mortgage Bankers Association, recently told The Wall Street Journal that homeowners who default on their mortgages should think about the “message” they will send to “their family and their kids and their friends.” Courson was implying that homeowners — record numbers [...]

The Biggest Losers (WSJ)

January 5, 2010

Happy New Year, readers, but before we get on with the debates of 2010, there’s still some ugly 2009 business to report: To wit, the Treasury’s Christmas Eve taxpayer massacre lifting the $400 billion cap on potential losses for Fannie Mae and Freddie Mac as well as the limits on what the failed companies can [...]

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