Who Doesn’t Need a Back-Up Plan for a Secure Retirement?
Some people would have you believe that reverse mortgages should only be considered as a last resort… when you need money and have no other choice. Not only do I think that’s wrong… I also think...
View ArticleOur Housing Market’s Recovery is Eminent… Get It?
This past November, I read The New York Times article, “More Cities Consider Using Eminent Domain to Halt Foreclosures,” but it took more than a month for me to realize what the story had to do with...
View ArticlePublic sector shedding 35k jobs a month — Republicans block bill to prevent...
State and local governments are usually engines of job growth during recoveries. But economist Heidi Shierholz of the Economic Policy Institute says not this time they’re not. Shierholz recently told...
View ArticleMortgage Servicing… The Winds Have Shifted, the Pendulum is About to Swing
Early in 2010, while speaking in Park City, Utah at the American Bar Association’s Conference on Consumer Financial Services, I cautioned the two hundred plus attorneys from financial institutions...
View ArticleRED ALERT: Mortgage Bankers Strongly Oppose New Foreclosure Bill in...
These guys are a bunch of farbisseners. And I think every homeowner in America should know just what the Mortgage Bankers Association is all about. Because these guys are no one’s friend. And they...
View ArticleThe Question of Bankruptcy
What do… P.T. Barnum H.J. Heinz Mark Twain Henry Ford Debbie Reynolds Burt Reynolds Kim Basinger Walt Disney Larry King and Donald Trump … have in common? They ALL filed for bankruptcy protection....
View ArticleWho is Freddie Mac to Strategic Defaulters? Well, I Have a Message for...
Who is Freddie Mac to strategic defaulters? Well, another mortgage banking-type, this time by the name of Donald Bisenius, Executive Vice President in charge of Freddie Mac’s Single Family Credit...
View ArticleCalifornia’s SB 1275, What’s Not to Like?
California Senate Bill 1275 (“SB 1275”) has passed the Senate Banking Committee and is now headed to the Assembly Banking Committee. It would require servicers to take the actions listed below in...
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 ArticleNOW YOU CAN KNOW… How Much Your Investor is Losing by Foreclosing on Your Home.
What if you could know the answer to that question? Well, if your loan is in a securitized REMIC trust… FOR THE FIRST TIME… you can… read on. You couldn’t keep up on your mortgage payments. Maybe...
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...
View ArticleWho Doesn’t Need a Back-Up Plan for a Secure Retirement?
Some people would have you believe that reverse mortgages should only be considered as a last resort… when you need money and have no other choice. Not only do I think that’s wrong… I also think...
View ArticleOur Housing Market’s Recovery is Eminent… Get It?
This past November, I read The New York Times article, “More Cities Consider Using Eminent Domain to Halt Foreclosures,” but it took more than a month for me to realize what the story had to do with...
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