 A Plan to Break the Back of the Financial Crisis
Jack Guttentag and Igor Roitburg The main objective of our proposal is to break the back of the financial crisis by sharply reducing mortgage foreclosures, while liquefying a major part of the existing mortgage stock. A second purpose is to provide the foundation for a more stable housing finance system in the future.
PART I – DEALING WITH THE CRISIS
Requirements of a ...
posted by MORTGAGE AUDIT SERVICE  January 15, 2009 8:45 PM
BEWARE OF CHARLATANS!!!
May 20, 2008
“Article written by one of the most knowledgeable Attorneys’ in this area of law”
More and more “professionals” are coming out of the woodwork to “help” with your mortgage. Whether you are in default, foreclosure, in the midst of sale or eviction, or just sitting with a mortgage where the note is worth more than the house, there are plenty of remedies available for you to pursue and plenty of defenses to stop the foreclosures dead in their tracks. There are even methods by which you can ...
posted by MORTGAGE AUDIT SERVICE December 15, 2008 11:46 PM
New Foreclosure Laws Take Effect September 6, 2008
On September 6, 2008, most foreclosures in California will need to be conducted under the new requirements of California Civil Code 2923.5. This new code provision applies to loans made from January 1, 2003, to December 31, 2007, inclusive, that is secured by residential real property and are for owner-occupied residences.
This law is aimed to stop the widespread foreclosures across the State of California by requiring Lenders to attempt workouts and modifications of existing mortgages. Failure of a lender to make such attempts could result in that lender’s inability to ...
posted by MORTGAGE AUDIT SERVICE December 15, 2008 11:35 PM
INSULTED JUDGE'S REVENGE
DEUTSCHE BANK LOSES KEY SUBPRIME FORECLOSURE CASE
November 15, 2007 -- A ticked off federal judge in Cleveland could complicate the subprime mortgage mess.
In a recent ruling, Judge Christopher Boyko tossed out a bunch of real estate foreclosure claims made by Deutsche Bank because he said the Wall Street firm couldn't prove that it was the owner of the property.
Worse for Deutsche Bank, a trustee for the mortgages, Judge Boyko took exception when the bank's attorney claimed the jurist just didn't understand how the complicated mortgage business works. Boyko's ...
posted by MORTGAGE AUDIT SERVICE December 15, 2008 9:09 PM
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A Plan to Break the Back of the Financial Crisis
-January 15, 2009
BEWARE OF CHARLATANS!!!
-December 15, 2008
New Foreclosure Laws Take Effect September 6, 2008
-December 15, 2008
INSULTED JUDGE'S REVENGE
-December 15, 2008
Mortgage 'Fix' Not Helpful to Troubled Homeowners
-December 09, 2008
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Thank you Mr. Kench for the kind works. We put a lot of effort into ...
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