Attitudes on Wall Street: Dear God, Give Me Strength
As I sat down to watch Bethany McLean talk about the attitudes on Wall Street… remember, she’s the financial reporter that broke the ENRON story, and was appearing on PBS’ NOW with David Brancaccio....
View ArticleHO, HO, HOmeless… A Sobering View of the Crisis Affecting Us All
Originally posted in December of 2009… how tragic is that? Read it and you’ll see why. HO, HO, HOmeless! The Real Story Behind the Crisis We Still Don’t Want to Understand. A 46 year-old single mother...
View ArticleSenate Investigation Says Banks Caused Crisis, Not Borrowers
They finally got it! And geeze, it took them long enough. I wrote an article TWO YEARS AGO, titled “What Happened on Wall Street and Why,” and it explained the factors the contributed to the...
View ArticleWatch Which Words You Use With Republicans – They Could Take Their Toys and...
Derivatives, deregulation, Wall Street, shadow banking, interconnection… all words that might be used to describe the financial crisis that has thrown this country into an abyss so deep, that I don’t...
View ArticleCA’s Democrats in Congress Wake Up to Need to Address Foreclosures
Well, that’s a pretty safe statement, but when? The San Francisco Chronicle is at least beginning to wake up to the fact that foreclosures are quite the problem in California. Yesterday, on page A-13,...
View ArticleOur future hinges on just ONE thing…
Cartoon by Steve Grenberg How the foreclosure crisis impacts our country’s standard of living from this point forward will all come down to how we handle ONE thing. We either change that one thing, or...
View ArticleIt’s Official: Thanks to Former Citigroup CEO Sandy Weill… I Have Now Seen...
Okay, so look… I know this is going to sound crazy. Don’t laugh, okay? So, I guess I had this dream. I was watching CNBC… which, by the way, is how I knew it was a dream because I never watch...
View ArticleBankers Apoplectic Over Arizona’s Republican Dominated Senate Passing Chain...
Frankly, I don’t know where to begin. There’s just so much to say. It’s like a cornucopia of… well, lots of stuff to say. Bankers everywhere must be walking in circles, muttering to themselves,...
View ArticleKPHO Channel 5 Arizona Airs Story on Rep. Seel’s Principal Reduction
Well, if you remember the story on Mandelman Matters last week about Arizona’s Rep. Carl Seel who received roughly a $100,000 PRINCIPAL REDUCTION on his $190,000 mortgage two days before he was to...
View ArticleNACA’s “Save the Dream Tour” Now Disappointing Thousands in Phoenix?
It started this past July 31st and went through August 3rd, and 40,000 very nervous homeowners waited in long lines in the hopes of saving their dreams. One woman, a 46 year-old single mom who had lost...
View ArticleHave a “Plunder Party” and Help Change Our World
People write to me all the time asking what they can do to help change what’s happening in this country as related to the tragedy that is the foreclosure crisis. They read articles I’ve written and...
View ArticleBREAKING NEWS: HAWAII PASSES SB 651 – NATION’S TOUGHEST FORECLOSURE BILL
It’s official! Just a couple of hours ago, the Great State of Hawaii’s legislature has passed the nation’s toughest foreclosure prevention bill, SB 651. The bill proved to have overwhelming support,...
View ArticleWe’re Not Stopping the Foreclosure Crisis because it Affects Mostly Brown People
First posted in June of 2010, but every bit as relevant today and it was then. I was so relieved today when I read the results of a study published by the Center for Responsible Lending on the...
View ArticleBay Area Homeowner Writes to Say Thank You to Mandelman Matters and Bank of...
Tashakkur! “Tashakkur.” It’s how you say ”thank you” in Afghanistan. And it’s appropriate because the homeowner who wrote to me today to thank me for helping get his loan modified by Bank of...
View ArticleI’m Betting We Get Extended Tax Relief on Forgiven Mortgage Debt for...
There seems to be some uncertainty surrounding whether Congress will again extend the Mortgage Forgiveness Debt Relief Act (H.R. 3648), as it did last year when it extended the Act until the end of...
View ArticleBorrowers Facing Foreclosure Should be Dancing in the Streets Over ‘X’ and...
Four years ago this January, I was invited to speak at the American Bar Association’s (“ABA”) Conference on Consumer Financial Services, which was being held that year in Park City, Utah. In...
View Article‘Twas the Night Before Christmas – 2013
‘TWAS THE NIGHT BEFORE CHRISTMAS… 2013. An Annual Political and Economic Year in Review by Martin Andelman You can read it below, but if you click ‘Play’ above… I’ll read it to you. And if you like...
View ArticleThe Year is New… But the Housing Hype is the Same Old Thing
Just a couple of weeks ago, after RealtyTrac’s U.S. Foreclosure Market Report™ was published, it was pure jubilation that filled the air as the headlines proclaimed foreclosure starts for November...
View ArticleI have the best readers in the world… I am humbled by their words.
I am humbled, speechless and gratified by your kind words. ~~~ “God Bless Martin Andelman.” Dear Mr. Andelman, I am writing to thank you for the greatest Christmas gift I ever received – you –...
View ArticleTestimony to Martin Andelman from Homeowner with Bank of America Loan
Testimony to Martin Andelman I was introduced to Martin more than a year ago. Martin’s been well known for many accomplishments, he wears many hats and has a vast knowledge of the facts surrounding...
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