July 19, 2016
Investing in Mortgage-Backed Securities
US News & World Report quoted me in Why Investors Own Private Mortgage-Backed Securities. It opens, Private-label, or non-agency backed mortgage securities, got a black eye a few years ago when they were blamed for bringing on the financial crisis. But they … Continue reading
July 19, 2016 in Media Coverage | Permalink | No Comments
December 8, 2015
Reviewing the Big Short
Realtor.com quoted me in Explaining the Housing Crash With Jenga—Did ‘The Big Short’ Get It Right? The story reads in part, One of the more hyped movie releases this Oscar season stars the housing crisis itself: “The Big Short,” in which four … Continue reading
December 8, 2015 in Media Coverage | Permalink | No Comments
July 12, 2013
Ain’t Misrepresentin’
According to Wikipedia, the performers in the musical Ain’t Misbehavin’ “present an evening of rowdy, raunchy, and humorous songs that encapsulate the various moods of the era and reflect” a “view of life as a journey meant for pleasure and … Continue reading
July 12, 2013 in Media Coverage | Permalink | No Comments
July 8, 2013
Pre-Closing Credit Checks
Since 2010, Fannie Mae has required lenders to recheck a borrower’s credit right before closing the mortgage. It is advised that borrowers not do anything that might affect their financial status quo until the mortgage has been closed. For example, … Continue reading
July 8, 2013 in Media Coverage | Permalink | No Comments
June 21, 2013
Massachusetts District Court Interprets Ibanez Narrowly in Deciding That Plaintiff-Homeowner Lacked Standing to Challenge Bank’s Standing to Foreclose
This action arose out of an attempted foreclosure by defendant Aurora Loan Services on plaintiff David Kiah’s property. Based on the recent holding from U.S. Bank National Ass’n v. Ibanez, 458 Mass. 637, 941 N.E.2d 40 (2011), Kiah sought a … Continue reading
June 21, 2013 in Media Coverage | Permalink | No Comments
June 13, 2013
The Potentially Far Reaching Affects of The Ibanez Holding on Foreclosure Proceedings
The holding in U.S. Bank National Ass’n v. Ibanez, 458 Mass. 637, 941 N.E.2d 40 (2011) potentially may have far reaching affects on foreclosure litigation outcomes across the nation. Although a state case, Ibanez has national implications for several reasons; the … Continue reading
June 13, 2013 in Media Coverage | Permalink | No Comments
April 23, 2013
Bounced Mortgage Relief Checks
In February, federal banking regulators reached a $9.3 billion pact with 13 major lenders to settle claims of foreclosure abuses like bungled loan modification and flawed paperwork. Under the deal, homeowners can receive up to $125,000 in cash relief. Unfortunately, as … Continue reading
April 23, 2013 in Media Coverage | Permalink | No Comments