Comments on: Mortgage Wars: How You Can Fight Fraud and Reverse Foreclosure

By: Barb Trayler

Barb Trayler — Wed, 01 Dec 2010 18:20:49 +0000

How Can I Make Money Online After Retirement?: I am retired now and really need to add a bit more to my Social Sec

By: Michael Carrigan

Michael Carrigan — Fri, 22 Oct 2010 15:29:51 +0000

Contains important information that is generally unknown outside of those involved in the loan securitization process in the banking industry. This book is essential reading for anyone who wants a better understanding of the mortgage industry and forces contributing to the financial meltdown in 2008-2009. Covers the extent to which certain mortgage bankers marketed, financially modeled and generated what were known to be problem loans upon origination; what happens to the promissory note after servicing and/or ownership rights are sold; forensic mortgage audits; a sample RESPA qualified written request in substantial detail; contingency agreements with attorneys; and recourse rights available to those desiring to remove liens on their home based on various court cases. Ms. Martin tells the story passionately and concisely. She is one of the few voices crying in the wilderness about how to counter mortgage banking methods of operation. While an advisor and friend to the Clintons, she presents the information in a non-partisan fashion with even-handed criticism of the Fed, the banks, Wall Street, Congress, mortgage brokers, appraisers, rating agencies, and the Bush and Obama administrations. She has done a good job in piecing together information that you will be hard pressed to find elsewhere.
Rating: 5 / 5

By: Qwester

Qwester — Fri, 22 Oct 2010 14:20:42 +0000

The author’s only contribution is the anti-Bush diatribe at the beginning. The Mortgage War parts are cases that can be downloaded from the Web for very little cost. Almost no critique of these cases. Very disappointing although the author’s connection with the Bill Clinton administration might have been a warning.
Rating: 1 / 5

By: DCA

DCA — Fri, 22 Oct 2010 12:00:42 +0000

In my opinion this is a book hastily put together with the clear intent on cashing in on a hot topic. This book is written by a therapist specializing in “transformation” who from her bio “is a luxury home investor who became interested in the mortgage meltown when she heard about homeowners in distress.” There is almost no author provided content relevant to the title. I counted 90 pages of author content in a 334 page book. Much of that is therapy oriented – don’t let it get you down, etc. The bulk of the book is “cases” which are complete reprints of legal filings and/or judicial opinions most with literally zero commentary. As an example, the chapters on RESPA (Real Estate Settlement Procedures Act) and TILA (Truth in Lending Act) – the primary applicable laws – are literally 2 and 3 pages each net of the “cases.”
Rating: 1 / 5