Loan Mod Scams are from Mars, Thomson Law is from Venus

Link to Final FTC Rule The Federal Trade commission issued the final rule Mortgage Assistance Relief Services (MARS). The Final Rule seeks, among other things, to: 1) prohibit providers of such … [Read more...]

Equity Sharing – Yesterday’s Solution to Today’s Problem

Equity Sharing - Yesterday's Solution to Today's Problem v Excerpt "Is equity sharing, paired with debt financing, a foregone conclusion for the future of the residential housing market?  It … [Read more...]

Is Equity Sharing A Solution To The Nation’s Strategic Defaulters?

I was recently interviewed by Austin Kilgore for Housing Wire Magazine on the topic of Equity Sharing as part of the solution to loan modifications and strategic defaults. You can review the original … [Read more...]

BofA Begins Principal Reduction on Delinquent, Underwater Mortgages

Link to original article My comments are in red. Bank of America (BAC: 15.89 +2.98%) is starting to forgive principal when modifying underwater mortgages eligible for the National Homeownership … [Read more...]

Loan Modifications Are A Scam

Yes, I said it. "Loan Modifications Are A Scam" Strong words I know. Watch the video and you will understand. Everyone is doing a horrible job explaining what a HAMP or HAMP like modification is going … [Read more...]

Alternative to Debt Financing

The folks at Real Estate Investor Minute took some time to talk with me on HEFI (Home Equity Fractional Interest). Now the website at www.EquiDebtSolutions.com is going to provide you way more … [Read more...]

Considering a wrap or seller c…

Considering a wrap or seller carry back? This is a better alternative HEFI (Home Equity Fractional Interest) http://slidesha.re/bQ9gUR … [Read more...]