Lenders Win Another Round on Condo Foreclosure – ALMOSTJust last week, in Harbour Vista, LLC v. HSBC Mortgage Services.... CONTINUE
The New News May Be Bad News for Brokers New laws that have come into effect include such things.... CONTINUE
Cramdowns – or a Crock of Crap?Representative Zoe Lofgren, a California Democrat, proposed securing meaningful principal write-downs.... CONTINUE
The “New” Federal H.O.M.E. Program is stupid, Stupid, STUPIDWhat is H.O.M.E. ? The Hardship Outlays to protect Mortgagee Equity.... CONTINUE
Walk Away from an Underwater Mortgage. Just Do It. It Makes Sense.Once again, I can say the Banks continue to rob homeowners.... CONTINUE
Take This Loan and … Well, Take This Loan.As you know, I have been preaching that "Strategic Defaults" are.... CONTINUE
This call is being recorded…???Calling a Bank about a loan is THE most frustrating experience.... CONTINUE
When a Bank’s Promise NOT to Foreclose – is a PromiseIn a recent California case (as reported by firsttuesday) "an owner.... CONTINUE
Now Who Takes It in the Shorts on a Short Sale?In July, the California legislature passed SB 458, which revised Ca.... CONTINUE
Short Sales – no liability for second’s ?SB 458 - effective July 11, states no liability will inure.... CONTINUE
“Sticky” Prices or “Stupid” Prices?Sellers (and listing brokers?) of residential real estate seem stuck in.... CONTINUE
Feds to the Market: Let’s Kill High End Real Estate Sales!The New York Times recently reported that “high value” homes are.... CONTINUE