This is in the “Dog Bites Man” category for those who have been paying attention since 2009. Full article here at Firedoglake. But as Amherst Securities Group showed in a new set of research, what we know from that sample size is that principal reductions perform quite well. Reducing the amount struggling homeowners owe on their mortgages […]
A lot of you liked our book review and excerpts on Joseph Stiglitz’s, “The Price of Inequality.” The growing inequality of income in America is not a very comforting bedtime story. This new article breaks it out down pretty simply and starkly: In terms ordinary people like me can grasp, here’s what this means: America can […]
A New York Times article reports today that a California city plans to use eminent domain to take over underwater mortgages and re-sell to homeowners with a principal reduction: Scarcely touched by the nation’s housing recovery and tired of waiting for federal help, Richmond is about to become the first city in the nation to […]
Here’s an excerpt of a great summary of the Niday case, from HouseKeeping Report. Go to the site and read the whole thing; it is worth your time: Niday Gets Interesting Up to this point, the opinion is little more than a recap of Brandrup. The court makes simple work of showing that MERS is […]
Beth Findsen Attorney 