workouts: Workout Wars: 2008 - 09/13/08 11:52 AM
Though I've been in this end of the business for almost two decades, I haven't been controversial, and haven't made too much of a media splash. However, since Fight Foreclosure! hit the shelves I've been interviewed by TV, radio, mainstream print news media, and occasionally asked to comment on current topics including foreclosure. … (3 comments)
workouts: Adapt to Survive - the tail wags the (loan workout) dog - 08/03/08 09:23 AM
Adapt to Survive. I've been involved in loan workouts for 20+ years.
Historically, loan workout proposals were introduced to the lender by the consumer, or by a professional or volunteer consumer advocate on behalf of the consumer. The loan workout proposal was a formal unsolicited application which included an identification of the … (3 comments)
workouts: Is foreclosure "help" a smokescreen to shield lenders from legal liability? - 06/19/08 08:27 AM
A million or more homeowners have mortgage loans which were, from the onset, unsuitable for them and have resulted in foreclosure. Many of these foreclosures can be challenged by legal claims for unfair lending practices, fraud, misrepresentation, usury, and violations to state unfair and deceptive acts and practices laws, the Truth … (3 comments)
workouts: Don't Give Equity Thieves a Get Out of Jail Free Card - 06/10/08 11:13 AM
Massive Equity Theft
If you are (or know of a) homeowner at risk of mortgage foreclosure and about to enter into a negotiated loan workout, make certain you fully understand your rights and what rights you may be asked to waive forever in exchange for temporary or long term relief.
In … (2 comments)
workouts: I have a platform: Your Comments Please - 03/16/08 10:47 AM
This past week I've been interviewed on several metropolitan radio talk shows due, in part, to the national release of my new book, Fight Foreclosure! Tomorrow, I'll have a TV segment on FOX Business News. I'd like to use this opportunity not only to express my outrage and fustration, but to offer … (3 comments)
workouts: Open letter to Countrywide's CEO of Loan Administration: Steve Bailey - 10/25/07 05:57 PM
Mr. Bailey, I have been in the loss mitigation business for more than 20 years, the last 10 as executive director for a small (understaffed/underfunded) charitable loan default counseling organization. At one time, I worked for the (then) largest loan servicer, and was privy to how a loss mitigation 'team' could … (14 comments)
workouts: Friday's ForeclosureFocus FYI Blog: Letter of Intent - 03/02/07 03:44 PM
Mortgage foreclosure is a race, of sorts. A race against the clock. A foreclosure clock. Like most clocks, the foreclosure clock can run fast, as it does in Texas, a non judicial foreclosure state where the process may take three months, or slow(er), as in New Jersey, a judicial foreclosure state … (4 comments)
workouts: Fridays' FYI: What is a Deed in Lieu of Foreclosure? - 02/23/07 08:39 AM
Each Fridays' Blog will provide (hopefully) useful information regarding the preforeclosure, and foreclosure process. NJ is a judicial foreclosure state. Your state's laws, customs, and practices may differ. I'm not an attorney, and this isn't intended to be anything other than my opinion. Shortly after a (NJ) homeowner misses the third, consecutive, monthly mortgage loan payment, he or she … (7 comments)
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Though I've been in this end of the business for almost two decades, I haven't been controversial, and haven't made too much of a media splash. However, since Fight Foreclosure! hit the shelves I've been interviewed by TV, radio, mainstream print news media, and occasionally asked to comment on current topics including foreclosure. 
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