The Wise Old Owl
July 27, 2011
By wisdom a house is built, and through understanding it is established; through knowledge its rooms are filled with rare and beautiful treasures. – Proverbs 24:3-4
By wisdom a house is built, and through understanding it is established; through knowledge its rooms are filled with rare and beautiful treasures. – Proverbs 24:3-4
The risk of ***strategic default is rising among loans that have “always performed,” according to the credit analysts at Moody’s Analytics. They say as home
In a recent post on mortgage insurance (“MI”), I addressed what I saw as a problem, but didn’t yet fully understand the depth of it,
Arthur M. Schack is a no-nonsense New York judge. Especially when it comes to foreclosure mill attorneys (FMAs) who don’t take him seriously. Here is
“When a note is split from a deed of trust ‘the note becomes, as a practical matter, unsecured.’ *** Additionally, if the deed of trust
“…any assignments of the beneficial interest must be recorded in order for a non-judicial foreclosure to comply with the Oregon Trust Deed Act. The defendant
The Oregon Legislature has recently passed, and the Governor has signed, House Bill 2916. Here’s a quick summary: It applies to lenders who hold mortgage
“Foreclosure processing delays continue to mask the true face of the foreclosure situation, although there were some clues in the May numbers of what lies
Greed: “An excessive desire to acquire or possess more than what one needs or deserves, especially with respect to material wealth.” The term “negative
By now, most Realtors® have heard the rumblings about defective bank foreclosures in Oregon and elsewhere. What you may not have heard is that these