Monthly Archives: October 2010

THE JAWS OF FORECLOSURE ARE HARD TO STOP October 24, 2010: Bank of America and GMAC are firing up their formidable foreclosure machines again today, after a brief pause. Thousands of homeowners have turned to short sales to avoid foreclosures, … Continue reading →

LAS VEGAS, AS A CITY, WINDS DOWN OVER THE NEXT TEN YEARS OCTOBER 21, 2010: Vegas may be a very dry place but nowhere else in the country are more homeowners “under water”, owing more on their mortgages than their … Continue reading →

WHICH AFFIDAVITS ARE FAKE AND WHICH ARE NOT? Within less than a week since the announcement of the famous foreclosure freeze, we have realized a sudden uptick in lenders agreeing to waive their right to pursue a deficiency judgment for … Continue reading →

THE END IS NOT NEAR October 12, 2010: Politicans take another wack at the housing market and chaos ensues. According to the Washington Post, a breakdown in the nation’s foreclosure process threatens to create billions of dollars in losses for … Continue reading →

October 12, 2010: The current wave of foreclosure fraud and the consequences for the economy are difficult to follow. Here is a flow chart that explains what is currently going on with foreclosure fraud. As you can see, in judicial … Continue reading →

October 12, 2010: Here is a letter to Judge Mosley published by the Las Vegas Sun Letter to Judge Mosley.

A REQUEST UNLIKELY TO BE GRANTED October 11, 2010: Nevada Attorney General Catherine Cortez Masto has asked banks and lenders to place a moratorium on foreclosures in her state temporarily in light of the robo-signing controversy. The AG’s office said … Continue reading →