Tag Archives: Predatory Lending

California Chapter 11 Bankruptcy Law

California Chapter 11 Bankruptcy Law California businesses have a couple of options to deal with dire financial conditions, and filing for a Chapter 11 bankruptcy can be an attractive option. However, it can be a bit complex, and to be … Continue reading

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Don’t Declare Bankruptcy Before You Need To

Today, many people are deciding to declare bankruptcy. With so many people being laid off, a lot of people are deciding to file for bankruptcy but you need to realize that it is not for everyone. There are other ways … Continue reading

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The Homeowners struggle

Warren op-ed: Banking on Hypocrisy posted by Katie Porter Check out Credit Slips co-blogger Elizabeth Warren’s op-ed on Politico, entitled Banking on Hypocrisy. She quotes extensively from a letter that the American Bankers Association sent to banking regulators in 2006 … Continue reading

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Mortgage servicing and standing

Cramdown Controversy #2–Will I “Succeed?” posted by Katie Porter Our active readers at Credit Slips already started debating the second controversy about the pending cramdown legislation: is the failure rate of chapter 13 too high to make mortgage modification in … Continue reading

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Top Treasury Official: Investigation Begins on Pretender Lenders

  Posted 1 day ago by Neil Garfield on Livinglies’s Weblog “We are faced with a choice here,” Silvers said during the hearing. “We can either have a rational resolution to the foreclosure crisis or we can preserve the capital … Continue reading

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Rather Than Investigating Foreclosure Fraud, House Republicans Vow To Investigate Loans To Poor People

Posted 7 hours ago by Neil Garfield on Livinglies’s Weblog COMBO Title and Securitization Search, Report, Documents, Analysis & Commentary Editor’s Note: THAT’S IT. BLAME THE POOR PEOPLE — THE ONES WHO KNOW THE LEAST ABOUT FINANCE AND MORTGAGES. It … Continue reading

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The Robo-Signing Mess Is Just the Tip of the Iceberg, Mortgage Putbacks Will Be the Harbinger of the Collapse of Big Banks that Will Dwarf 2008!

Posted on October 12, 2010 by Foreclosureblues The Robo-Signing Mess Is Just the Tip of the Iceberg, Mortgage Putbacks Will Be the Harbinger of the Collapse of Big Banks that Will Dwarf 2008! Today, October 12, 2010, 1 hour ago … Continue reading

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