If the politicians in Washington today were instead the CEOs of private industry, they’d all have been fired by now.” Anonymous [sort of] Introduction. At the
Following a rough and tumble year in the banking industry, Belial Bank’s feckless fearless leader, B.L. Zebub, believes it is high time to bring some
Question [Hardship Letters]. I am trying to do a short sale. The bank is asking me for a “hardship letter.” What is it they are
“Some borrowers default because they no longer possess the ability to repay their mortgage loans. However, there is a group of borrowers who may continue
As a follow-up to my last post on difficult short sales (here), it occurs to me that I should mention the small, but persistent complaint
Over the course of the past two and one-half years, I’ve met with hundreds of folks experiencing the trauma of dealing with huge negative equity
“It’s one thing to be stubborn when relying on well-reasoned principle; it’s quite another to be stubborn relying on no principle.” Anonymous [Sort of.]
Economist [e·con·o·mist; noun] – An expert in the production, distribution and consumption of goods and services, but is a complete idiot when it comes to
On July 11, 2012, Oregon’s mandatory mediation law will go into effect. For a summary of the law and time lines, go to my posts
Following the National Mortgage Settlement, B.L. Zebub, Belial Bank’s once fearless leader, is waffling on whether to jump into the fray, and start writing down
