Posts in February, 2009

California 90-day Foreclosure Moratorium Feb 25

On February 20, 2009, the Governor signed Senate Bill SBX2 7 , which puts an additional 90-day hold on foreclosures to allow for ...

Mortgage Modification Bill–How do I Prepare? Feb 24

I get this question all the time: How can I take advantage of the mortgage modification bill going through Congres right now? My ...

Recipe for Disaster: The Formula That Killed Wall Street Feb 24

This is a fascinating article about a formula used for measuring risk on collateralized debt obligations and credit default swaps ...

Finally, a Voluntary Loan Modification That Makes Sense Feb 13

I have gone over numerous loan modification proposals sent to my clients recently. In almost every case, the proposed modification ...