Archive | November, 2011

November 27, 2011

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Foreclosures

Picking your Spots and Having Patience for it to Surface

foreclosure-end-ahead

The State of Nevada has made it very clear that it will not tolerate improper foreclosures by making it a felony to not follow foreclosure procedure. This is simply a good thing. Removing someone from their home is a very serious business and has deep emotional and social implications. Until recently, foreclosures were being handled […]

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Perhaps an Aggravating Thread Should Not Be Pulled

kitten-pulling-thread-from-ball-of-yarn

I have always said that if you torture a number long enough, it will say whatever you want it to say. I believe that is the case with a recent study conducted by the Federal Reserve Bank of Cleveland. The study claims that foreclosed upon properties that are vacant have a lesser negative impact than […]

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November 25, 2011

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Foreclosures, Mortgages

More On The Role of Servicing Agents

one-vs-many

Okay, I have made a couple of comments in this blog with regard to the actions of servicing agents and their role in the housing crisis. And now I have more to rail about. As part of the realignment of Fannie and Freddie and their foreclosure policies, the FHFA has directed the two thieving behemoths […]

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