June 19, 2013

REPORT | FHFA’s Certifications for the Preferred Stock Purchase Agreements w/ Fannie & Freddie

FHFA’s Certifications for the Preferred Stock Purchase Agreements The FHFA’s Office of Inspector … [Read more...]

FHFA Announces New Streamlined Short Sale Guidelines to Prevent Foreclosures and Help Communities Stabilize, for a Price…

FHFA Announces New Standard Short Sale Guidelines for Fannie Mae and Freddie Mac; Programs Aligned … [Read more...]

Bring Out The Fences And Concrete Barriers…The Fascists Are Coming To Town!

Bring Out The Fences And Concrete Barriers…The Fascists Are Coming To Town! They’ve been warning … [Read more...]

Bring Out The Fences And Concrete Barriers…The Fascists Are Coming To Town!

Bring Out The Fences And Concrete Barriers…The Fascists Are Coming To Town! They’ve been warning … [Read more...]

FHFA Sends Notice to Federal Register on Use of Eminent Domain to Restructure Performing Loans

FHFA Sends Notice to Federal Register on Use of Eminent Domain to Restructure Performing Loans … [Read more...]

FHFA refuses to mark down principal on home loans

Perverse incentives and rebukes. This key news item got overlooked earlier this week, but it’s … [Read more...]

FHFA refuses to mark down principal on home loans

Perverse incentives and rebukes. This key news item got overlooked earlier this week, but it’s … [Read more...]

FHFA refuses to mark down principal on home loans

Perverse incentives and rebukes. This key news item got overlooked earlier this week, but it’s … [Read more...]

FAIL | Edward DeMarco Rejects Gov’t Mortgage Write-Down Plan

Regulator rejects gov’t mortgage write-down plan WASHINGTON (Reuters) – The top U.S. … [Read more...]

Ireland Bulldozes Ghost Estate in Life After Real Estate Bubble

Ireland Bulldozes Ghost Estate in Life After Real Estate Bubble Ireland is opting for bulldozers … [Read more...]

White Paper | COSCA – Courts Are Not Revenue Centers

If the right to obtain justice freely is to be a meaningful guarantee, it must preclude the … [Read more...]

Got Pension? | Work For A State Or Local Government? Read This

The Market Ticker – Work For A State Or Local Government? Read This I’ve tried to warn … [Read more...]

Adam Levitin | FHFA Wants Money Transferred from Local Government to Bondholders

FHFA Wants Money Transferred from Local Government to Bondholders FHFA has sued the State of … [Read more...]

FHFA vs Illinois | FHFA Strikes Back – Sues Clerk of Courts’, Dept of Revenue to End Real Estate Transfer Taxes on Fannie and Freddie

The Federal Housing Finance Agency filed a lawsuit against the state of Illinois and several county … [Read more...]

Jackbooted Thugs | Fannie And Freddie Fail On Oversight of Foreclosure Contractors, Housing Agency Report Says

Fannie And Freddie Fail On Oversight of Foreclosure Contractors, Housing Agency Report Says Fannie … [Read more...]

Register John O’Brien | ‘Time To Collect’ Unpaid Transfer Taxes From Fannie, Freddie

O’Brien: ‘Time To Collect’ Unpaid Transfer Taxes From Fannie, Freddie Highly vocal … [Read more...]

What is Ed DeMarco Thinking?

 Now, Barack… I work for Mr. E.H. Harriman of the Union Pacific Railroad and he has entrusted … [Read more...]

HAMP 2 is HERE – Some say it’s the best HAMP yet, and they’re probably right about that.

This past year has been transformational as far as the foreclosure crisis was concerned, although we … [Read more...]

GSE Principal Reduction in Nevada Not a Policy Shift, It’s Probably Because it is Now a Felony to Commit Foreclosure Fraud in Nevada

State Takes Fresh Crack at Mortgages Fannie Mae and Freddie Mac will participate in a Nevada program … [Read more...]

Advocates Applaud California Congressional Delegation’s Call for Investigation into FHFA’s Lobbying Efforts Against the Homeowner Bill of Rights

Advocates Applaud California Congressional Delegation’s Call for Investigation into FHFA’s … [Read more...]

FHFA-OIG REPORT | Fannie Mae and Freddie Mac: Where the Taxpayers’ Money Went

Fannie Mae and Freddie Mac: Where the Taxpayers’ Money Went U.S. government intervention protected … [Read more...]

Thankfully, FHFA & Banks Killed Homeowner Bill of Rights

I am officially proclaiming the Homeowner’s Bill of Rights in California to be DOA – … [Read more...]

Debt Forgiveness – The IMF, Iceland, and the U.S. of the 1930s all say it works

The International Monetary Fund (“IMF”), in its latest World Economic Outlook, stated quite … [Read more...]

MBS | Bank Loan Bundling Investigated by Biden-Schneiderman: Mortgages

“I can’t imagine a better securities law claim than to say that you represented that these were … [Read more...]

DeMarco Responds to Representatives Cummings and Tierney RE Principal Forgiveness

FHFA Responds to Representatives Cummings and Tierney Washington, DC – Federal Housing Finance … [Read more...]

Internal Documents Show Fannie Mae Believed Principal Reduction Would Save Taxpayers Money

Internal Documents Show Fannie Mae Believed Principal Reduction Would Save Taxpayers Money Cummings … [Read more...]

Abeel v. Bank of America Complaint | The Laundering of Trillions of Dollars of U.S. Taxpayer Money

Abeel v. Bank of America Complaint | The Laundering of Trillions of Dollars of U.S. Taxpayer … [Read more...]

We know they’re not evil, because they’re simply not smart enough to be evil.

  In Hollywood movies, we’ve been introduced to villains that have real game.  In the Harry … [Read more...]

Cummings Issues Statement on DeMarco Speech on the Housing Market

Cummings Issues Statement on DeMarco Speech on the Housing Market Washington, D.C. (Apr. 10, 2012) … [Read more...]

SPEECH | Edward J. DeMarco – Addressing the Weak Housing Market: Is Principal Reduction the Answer?

Addressing the Weak Housing Market: Is Principal Reduction the Answer? Remarks as Prepared for … [Read more...]

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