- National conversion rate of loan mods from trial to permanent status is only 8%
By Professor Jean Braucher Jean Braucher is the Roger C. Henderson Professor of Law at the University of Arizona James E. Rogers College of Law. This article is based on a longer paper, available for free at ... read more +
30-Dec-2009 1:07p
- Welcome to our Blog
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15-Dec-2009 9:58a
- Man Speaks Out After 30 Years of Silence
Kennedy blasts Fleury's delays By MICHAEL PLATT Calgary Sun (Calgarysun.com) Last Updated: 15th December 2009, 3:29am It took him nearly 30 years to admit he was a victim of sexual abuse -- and now Theo Fleury says he needs a little more time before ... read more +
15-Dec-2009 6:55a
- Man Speaks Out After 30 Years of Silence
Kennedy blasts Fleury's delays By MICHAEL PLATT Calgary Sun (Calgarysun.com) Last Updated: 15th December 2009, 3:29am It took him nearly 30 years to admit he was a victim of sexual abuse -- and now Theo Fleury says he needs a little more time before ... read more +
15-Dec-2009 6:55a
- Congress shoots down judicial loan modification...AGAIN!
The judicial mortgage modification amendment supported by NACBA in the House of Representatives failed on a 188-241 vote on Friday, December 11, 2009. Oddly, similar legislation passed the House earlier this year on a 224-191 vote. Today, 50 ... read more +
12-Dec-2009 4:19p
- Obama Loan Mod Plan "destined to fail"; Bankruptcy cramdown revived in Congress
Behind the curve as usual, Congress will again reintroduce bankruptcy cramdown in an effort to deal with the foreclosure crisis. This is a good article that describes what we already know: the HAMP plan is not a good solution to the mortgage crisis. ... read more +
8-Dec-2009 10:42p
- "Sweet heart" Loss sharing deals between banks and governments hurting loan mods
Source: Wall Street Journal, August 2009 http://online.wsj.com/article/SB125166830374670517.html To encourage banks to pick through the wreckage of their collapsed competitors, the Federal Deposit Insurance Corp. has agreed to assume most of the ... read more +
2-Dec-2009 4:45p
- Congressional testimony: "Less than 10,000" permanent loan mods
This an informative article that underscores the problems with the government's loan modification program or HAMP. I can confirm this from the front lines. Converting trial loan mods into permanent loan mods remains a challenge. However, my office's ... read more +
1-Dec-2009 11:10a
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