Blog Posts in January, 2010

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  • Major Asset Manager Proposes Allowing Mortgage Modifications in Bankruptcy
    Major Asset Manager Proposes Allowing Mortgage Modifications in Bankruptcy

    BlackRock, the world’s largest asset manager, has proposed creating a bankruptcy option that allows modification of home loans in bankruptcy. Interestingly, BlackRock is not proposing that it be done ...

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  • Beware of Southern California Loan Modification Lawyers
    Beware of Southern California Loan Modification Lawyers

    An article in the Fresno Bee should give pause to anyone thinking about hiring one of the Southern California loan modification mills. What generally happens is the client sees an internet or other ...

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  • The Real Message of the Massachusetts Senate Election
    The Real Message of the Massachusetts Senate Election

    Everyone is trying to figure out the meaning behind Republican Scott Brown’s mind-numbing 5-point victory to fill Teddy Kennedy’s seat in the U.S. Senate. Most people think it has something to do with ...

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  • The Problem of Loan Modification Assistance Providers
    The Problem of Loan Modification Assistance Providers

    Clients and acquaintances often ask me if I can refer them to someone who can help get a loan modification. Unfortunately, I can’t. I don’t know of anyone who is going to do any better of a job than ...

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  • Personal Bankruptcy Filings Rising Fast – WSJ.com
    Personal Bankruptcy Filings Rising Fast – WSJ.com

    This is an interesting article from the Wall Street Journal entitled, “Personal Bankruptcy Filings Rising Fast.” The article states that in 2009 there was a 32% rise in bankruptcies over 2008. The ...

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