by James Robert Deal | Dec 1, 2011 | Mortgage Modification
November 30, 2011 A Banker Speaks, With Regret By NICHOLAS D. KRISTOF If you want to understand why the Occupy movement has found such traction, it helps to listen to a former banker like James Theckston. He fully acknowledges that he and other bankers are mostly...
by James Robert Deal | Nov 26, 2011 | Mortgage Modification
DRIVE through any number of outer-ring suburbs in America, and you’ll see boarded-up and vacant strip malls, surrounded by vast seas of empty parking spaces. These forlorn monuments to the real estate crash are not going to come back to life, even when the economy...
by James Robert Deal | Nov 22, 2011 | Mortgage Mediation, Mortgage Modification
11-21-11 From NG: Dear James, My daughter was here this evening and we were discussing how our loan modification is going right now, explained to her how mediation works. She is so worried that we’ll lose the house. I told her not to worry and not to lose hope...
by James Robert Deal | Nov 20, 2011 | Mortgage Modification
Dodd-Frank did not correct the problem. Banks which enjoy deposit insurance are still free to gamble with securities. A proposed bill: 112TH CONGRESS – 1ST SESSION H. R. 1489 To repeal certain provisions of the Gramm-Leach-Bliley Act and revive the separation...
by James Robert Deal | Nov 9, 2011 | Mortgage Modification
The banks want California, and the Obama administration hopes they can get it. In September, the attorney general of California, Kamala Harris, withdrew from settlement talks between the banks and federal and state officials over mortgage abuses. Ms. Harris said...
by James Robert Deal | Nov 9, 2011 | Mortgage Modification
Disturbing News from Behind Closed Doors – Attorney Thomas Cox, A Mandelman Matters Podcast WARNING: THIS IS GOING TO BE DISTURBING… Thomas Cox is a retired banking lawyer from Portland Maine. I spent a week with him at Max Gardner’s Book Camp last fall, and we...