Background. Not long after the housing bust and collapse of affordable mortgage lending, the “new subprime” became the FHA, that government home loan program insured
Jabberwocky: “Total nonsense. A fit of rambling which resembles a civilized language but in fact is meant only to obfuscate meaning or confuse the victim,
In Part One of my latest rant blog post, I took a look at the Big Banks and their sordid activities during the securitization heydays
Introduction. As the Big Bank scandals appear to be diminishing, I’ll admit that it’s probably time to get over the RATs (Rapers of the American
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
After taking one on the chin, compliments of Federal Judge Michael Simon in James II, the bank we love to hate has decided it needs
On March 5, 2012, the Oregon Legislature passed a sweeping series of changes to its trust deed foreclosure law, SB 1552. Once signed by the
“[The defendant banks] categorize [the plaintiff borrowers] as ‘strategic defaulters’ who are riding out their admitted default by raising frivolous legal challenges while continuing to
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,
