Read more here...
Dealing with a Rambo-type foreclosure litigator | REwired
Wednesday, February 20, 2013
Friday, February 15, 2013
"No 2 Housing Crime": Obama Administration Asks Banks to Regulate Their ...
Continue reading here...
"No 2 Housing Crime": Obama Administration Asks Banks to Regulate Their ...: ALLGOV.COM By Noel Brinkerhoff, David Wallechinsky Having bungled the so-called independent review of foreclosure mistakes, the Obama ad...
"No 2 Housing Crime": Obama Administration Asks Banks to Regulate Their ...: ALLGOV.COM By Noel Brinkerhoff, David Wallechinsky Having bungled the so-called independent review of foreclosure mistakes, the Obama ad...
Thursday, February 14, 2013
"No 2 Housing Crime": Occupy Fights Foreclosures Speaks Out on State of ...
Read full story here...
"No 2 Housing Crime": Occupy Fights Foreclosures Speaks Out on State of ...: State of the Union by President Obama to the joint session of the United States Congress and the Republican response to the State of the Un...
"No 2 Housing Crime": Occupy Fights Foreclosures Speaks Out on State of ...: State of the Union by President Obama to the joint session of the United States Congress and the Republican response to the State of the Un...
Sunday, February 10, 2013
Facing the Foreclosure Crisis | Urban Milwaukee
Continue reading here...
Facing the Foreclosure Crisis | Urban Milwaukee
Facing the Foreclosure Crisis | Urban Milwaukee
Wednesday, February 6, 2013
"No 2 Housing Crime": Foreclosure Settlements, Senator Warren Thinks the...
"No 2 Housing Crime": Foreclosure Settlements, Senator Warren Thinks the...: WONDER WARREN By David Dayen To help settle a probe into illegal mortgage practices, servicers were ordered to review all foreclosures be...
Congressional Inquiry Into Foreclosure Review Is Too Little, Too Late
usnews.com
By Roy Hoppenheim
So now some key members of Congress want a thorough review of the Independent Foreclosure Review process?
The same process that was just scuttled in favor of another vague multi-billion dollar settlement?
The same process that leaves as much doubt, if not more, about homeowner relief? The same process many—myself included—questioned from the very beginning?
It's great to puff your chest now and call for transparency to "speed recovery in the housing markets," but as the saying goes, 'It's a day late and a dollar short.' Scratch that—it's a few years too late and billions of dollars short.
While recovering, housing markets across the country are still reeling from the 2008 collapse, and every minute wasted on these 'independent' reviews is time that is not being spent fixing the larger problems at hand, including the giant mess that is Wall Street.
Many of the politicians demanding a thorough examination of the Independent Foreclosure Reviews are people I respect tremendously. That being said, we are so far beyond the 8-ball, that I wonder if the transparency they are demanding is actually attainable.
For starters, we've heard this kind of promise before, and it rarely seems to pan out. Second, the very same government that claims to be looking out for homeowners is still too intertwined with Wall Street's interests.
I got an E-mail from the U.S. Chamber of Commerce hailing a decision invalidating the president's 2012 recess appointments—including the director of the Consumer Financial Protection Bureau—as a landmark victory and an "incredible win for the employer community."
Translation: Forget about the average working stiff. (And they wonder why I haven't joined?)
How can the politicians expect our faith or trust if we continue to get these mixed messages?
While I want to stand behind the efforts of Rep. Elijah Cummings of Maryland and Sen. Elizabeth Warren of Massachusetts, and others, it's hard to take them seriously after the foreclosure review program is already dead and buried.
[READ: Consumer Watch Dog Inks New Mortgage Rules] It's like a never-ending game of catch-up. This reactive method of bureaucracy will not help homeowners and it will certainly not bring any true sense of transparency.
The fact is that train left the station a long time ago. The time to demand an open and truly independent foreclosure review was in the program's early stages. Once again actions by Congress are too little, too late. Posted by Carlos Marroquin
By Roy Hoppenheim
So now some key members of Congress want a thorough review of the Independent Foreclosure Review process?
The same process that was just scuttled in favor of another vague multi-billion dollar settlement?
The same process that leaves as much doubt, if not more, about homeowner relief? The same process many—myself included—questioned from the very beginning?
It's great to puff your chest now and call for transparency to "speed recovery in the housing markets," but as the saying goes, 'It's a day late and a dollar short.' Scratch that—it's a few years too late and billions of dollars short.
While recovering, housing markets across the country are still reeling from the 2008 collapse, and every minute wasted on these 'independent' reviews is time that is not being spent fixing the larger problems at hand, including the giant mess that is Wall Street.
Many of the politicians demanding a thorough examination of the Independent Foreclosure Reviews are people I respect tremendously. That being said, we are so far beyond the 8-ball, that I wonder if the transparency they are demanding is actually attainable.
For starters, we've heard this kind of promise before, and it rarely seems to pan out. Second, the very same government that claims to be looking out for homeowners is still too intertwined with Wall Street's interests.
I got an E-mail from the U.S. Chamber of Commerce hailing a decision invalidating the president's 2012 recess appointments—including the director of the Consumer Financial Protection Bureau—as a landmark victory and an "incredible win for the employer community."
Translation: Forget about the average working stiff. (And they wonder why I haven't joined?)
How can the politicians expect our faith or trust if we continue to get these mixed messages?
While I want to stand behind the efforts of Rep. Elijah Cummings of Maryland and Sen. Elizabeth Warren of Massachusetts, and others, it's hard to take them seriously after the foreclosure review program is already dead and buried.
[READ: Consumer Watch Dog Inks New Mortgage Rules] It's like a never-ending game of catch-up. This reactive method of bureaucracy will not help homeowners and it will certainly not bring any true sense of transparency.
The fact is that train left the station a long time ago. The time to demand an open and truly independent foreclosure review was in the program's early stages. Once again actions by Congress are too little, too late. Posted by Carlos Marroquin
Subscribe to:
Posts (Atom)