Gretchen Morgenson in this New York Times article tells us about this former consumer lawyer turned US House Representative from North Carolina: “He is worth getting to know, not only because of his deep concern about the foreclosure epidemic, but also because he has made a compelling recommendation to level an exceedingly tilted playing field in […]
I know that many of us have relied on Judge Long’s reasoning in these cases at various times. Please help support the appeal effort that many fine lawyers and experts are working on. I attach a message from the folks helping with these important appeals: RE: WELLS FARGO BANK, N.A., as trustee for ABFC 2005-OPT1 […]
Judge Hollowell, an Arizona federal bankruptcy judge, she of In re Weisband fame, shows her chops and refuses to let the banks skate by with the usual pile of refuse that they call “evidence”: Yet again, the court is called upon to decide whether the purported holder of a note allegedly transferred into a […]
Matt Taibbi wrote another piece for Rolling Stone on this thing they’re calling financial reform. Here’s an excerpt, with the full article here: All of this is great, but taken together, these reforms fail to address even a tenth of the real problem. Worse: They fail to even define what the real problem is. Over […]
Again, I don’t begrudge contractual parties re-negotiating their loans. What I do lament is the double standard where people at cocktail parties (or even braver than tequila drinkers, internet commenters operating in the dead of night from their couches) try to shame homeowners who, largely powerless, and after all else has failed, choose strategic default. […]
I’ll believe it when I see it. This from Reuters (full article at the link): An August Surprise from Obama? Aug 5, 2010 Main Street may be about to get its own gigantic bailout. Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae […]
Mother Jones has a new article on the misdeeds and woes of foreclosure mill extraordinaire, David Stern’s various entities, cutting a swath of destruction across the country…. “I don’t have any confidence that any of the documents the court is receiving on these mass foreclosures are valid,” said the judge. Amid its meteoric rise, interviews […]
For those of us that have been following this cyclone of destruction (the foreclosure epidemic), this comes as no surprise but here is a new article on how HAMP does not work, real modifications are not happening, and the program merely helps the banks (not the true owners of the debt in most cases, but […]
Beth Findsen Attorney 