This secret congressional testimony was surreptitiously transcribed and delivered anonymously to me by a high-level government employee who had recently been foreclosed by Cerberus Servicing Systems, a
Being a Professional vs. Acting Professionally. The term “professional” appears to have lost some of its luster today. While it used to be that the
In January 2013, the Federal Trade Commission (“FTC”) published a study titled “The Structure and Practices of the Debt Buying Industry.” The full report can
In a recent Wall Street Journal article entitled “Mortgage Lenders Ease Rules for Home Buyers in Hunt for Business” by Nick Timiraos and Annamaria Andriotis,
Generally. There is a crucial difference between a representation and a warranty. Generally, in residential sales transactions, a seller representation is a statement about the
A change in how the most widely used credit score in the U.S. is tallied will likely make it easier for tens of millions of
“…the United States is still producing around $800 billion a year less in goods and services than it would if the economy were at full
“Then God said, ‘Behold, I have given you every plant yielding seed that is on the surface of all the earth, and every tree which
While Fannie Mae and Freddie Mac, the two GSEs[1] who’ve received the most attention of late – and much of it bad, after being taken
Generally, the RMLS™ statistics for June 2014 follow the prior few months of improvement. The only static figure is low inventory, which has not budged
