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When Auditing Foreclosures, the OCC’s Definition of the Word “Thorough” is...

The Consent Orders issued by federal banking regulators a few weeks back said that the country’s largest bank-servicers had to conduct “a thorough independent review” of their foreclosures. So, on...

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Insider Says Wells Fargo’s Independent Foreclosure Review for OCC is “a Sham”

    I got an email the other night from one of my readers.  It said…   “I was hired as one of those “Independent File Review Specialist” at a company called Promontory working on Wells Fargo Bank. I...

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Creative Uses for Reverse Mortgages… That You’ve Probably Never Considered

  I’ve seen few things in my life as misunderstood or poorly understood as reverse mortgages, and the more I’ve learned about them, the more impressed I’ve become.  In fact, I’ve come to like them so...

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Motley Fooled by Reverse Mortgages – New York Times No Better

Have you ever found yourself sitting alone and actually wondering, if only for a moment if you might possibly be some sort of unwitting participant in a Candid Camera revival show, or something close?...

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Even with $2 million in the bank, you should still have a reverse mortgage

Even seniors with $2 million in savings whose homes are free and clear should at least consider a reverse mortgage, even though few may think so.   (And if you’ve saved less, like most people have,...

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PODCAST: Saving Homes from Foreclosure in Ohio Today… with Ohio’s Former...

   3 WAYS TO GET TO KNOW MARC DANN…  1. On this Mandelman Matters Podcast, I ask Marc Dann all about what’s going on related to the foreclosure crisis in Ohio today, because if there’s one subject he...

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When Auditing Foreclosures, the OCC’s Definition of the Word “Thorough” is...

The Consent Orders issued by federal banking regulators a few weeks back said that the country’s largest bank-servicers had to conduct “a thorough independent review” of their foreclosures. So, on...

View Article

Image may be NSFW.
Clik here to view.

Insider Says Wells Fargo’s Independent Foreclosure Review for OCC is “a Sham”

    I got an email the other night from one of my readers.  It said…   “I was hired as one of those “Independent File Review Specialist” at a company called Promontory working on Wells Fargo Bank. I...

View Article

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