Category Archives: OP-ED

ANSWER THE F**KING QUESTION!

(OP-ED) — Round two of not being straight with the American people.

This author has never been so frustrated watching a debate before as this one. I thought the last debate was a joke. This one was a polite joke.

FIRST PERSON: “I felt like I was trying to break out of a thorazine drip!”

Neither Vice Presidential candidate truly answered the questions posed by Susan Page directly and to the point before they started in on each other’s alleged track records and that of their presidential components. Some questions Page posited went completely unanswered. What kind of answers do the American people deserve? The ones from talking heads?

Have you ever felt like you wanted to get out of your chair, reach into the TV set and bitch-slap a candidate to get to the truth of what is going on?

IF I WAS A CANDIDATE IN A DEBATE …

The first thing I would do is answer the moderator’s question point blank. That way, I wouldn’t come off sounding like a politician. If you want to play loose and fast with the facts, even if their “your own facts” (sic), then don’t answer the f**king question. After you give the direct answer to the question, then you can elaborate and go off on any tangent you want. But to take off on the previous point and play the antagonist, trying to throw off your opponent, I’m dumbfounded. If I could just get a straight answer …

I think the whole charade before the American public was dumbfounding. All the politicos can pat themselves on the back, thinking their side won … and all the glib libs came right on after the debate, extolling the virtues of whatever mattered, when in fact, nothing about this debate mattered. It was a 3-ring circus! Geez. At least they could have put Deborah Norville on there and cobbled together something representing Entertainment Tonight. This was worse than the effing Oscars!

I have come to the conclusion that Mr. Trump is disrespected because he is a businessman and whether he pays $750 a year in taxes? Seriously? I wish we could all have the same business acumen he has … we’d all be millionaires!

With that, I quote the Honorable Supreme Court Justice Learned Hand in the case of Gregory v. Helvering, 293 US 465 (1935):

“Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands.”

Now if Americans understood that, they would all be trying to figure out how to not pay taxes. It’s not tax evasion. It’s tax avoidance. And Harris made it out as if President Trump did something illegal when in fact, he’s a businessman and that’s why the Democratic hierarchy and Deep State despise him. If people knew that they could form their own LLC and be self-employed and get over 75 write-offs a year on their taxes, they’d be doing it.

The problem is … they don’t recognize opportunity unless they have a mindset for business. That’s way out of their comfort zone. They’d rather (as Kevin Spacey put it in American Beauty) have “a job with the least amount of responsibility.”

There was so much contradictory information tossed about by Miss Nasal and Mr. Perfect Hair that I found it nauseating as I tried to get to the truth of the subject matter on a split screen that featured talking heads shaking at each other in disbelief, ignoring the subject matter of the questions and using their precious time to attack the other side’s alleged positions.

We still haven’t gotten to the truth about Hillary Clinton’s 30,000 emails and who hired who to surveil the Trump Campaign. We don’t know if it was a smoke screen, but I couldn’t get past the “fracking” attacks to reach any known conclusion as the events of this are still unfolding.

The only thing I surmised from all this was the entire debate was a polite extension of the first one. And I think most Americans have done enough research on Kamala Harris to know she’s not black. Even the media is fumbling with the facts. I don’t know if I could take four years of President Harris’ nasality. Is that Barbra Streisand wearing a wig? Can I get a cup of coffee? What a whiner! OMG! Did I say President Harris? I think you all know why I might have misspoke. If Joe Biden is elected, he will be the oldest serving President … and he could make history by passing away while in office (or hiding behind a mask in his basement). Hell, who knows? Is President Harris what you want?

Throughout history, there is a marked difference in politics:

Republican: Pro Business, Lower Taxes, More Deductions, Lower Government Regulations and Interference, Promotion of a Free Market Enterprise System, Pro-Corporatism, Less Control over the Individual, Pro-Bank, Less Environmental Controls

Democrat: Pro Consumer, Higher Taxes, Less Deductions, More Government Regulations and Interference with Free Market Enterprise, Anti-Corporatism, More Control over the Individual, Pro-Bank, More Environmental Controls

And AOC wants her Green New Deal to stop cows farting? Seriously? Anyone for cow tipping? All of DC needs an enema folks!

I would hate to see mandatory vaccines like they’re doing in Western Australia. If you don’t comply, they’ll take you somewhere, strip you and force a needle in your butt! Don’t think that couldn’t happen here? Think again. This vaccine might have a biochip in it! One that tracks every move you make, your cellular makeup and your ongoing health statistics! That’s on the table right now and it’s pretty scary shit!

I guess I can only close by saying … Vote your conscience. What do you want to see in DC for the next 4 years? (as if I expect anything different out of this 1-party system) Hand me the hairspray! My coif is coming undone.

After this farce, I need a drink.

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Letting the banks “get away with it” …

(BREAKING NEWS, OP-ED) — Part of what we’ll be discussing in the upcoming Foreclosure Defense 101 Workshop on Saturday, October 24th between 10:00 a.m. and 2:00 p.m. (EDT) is affidavits … in general … and specifically regarding lost notes and assignments.

To further this discussion, I did some heavy research after seeing a Law.com post about a Pennsylvania “lost note affidavit” case and upon review, found what I was looking for … and the results were shocking!

On Page 2 of this 12-page opinion, the borrower (Rao) mortgaged the property and gave MERS nominee status on behalf of SunTrust Mortgage, Inc. That was in early 2006. Notice the following sentence … “On or around April 22, 2013, SunTrust discovered the note was missing from their vault and David Aken, Vice President, executed a Lost Note Affidavit.” Two years later MERS, assigned the mortgage to MB Financial.

Without looking at the assignment, I’ll bet you the servicer’s employees drafted and executed that assignment and it all followed Rao’s alleged “default” on his mortgage (March 1, 2011). That means it took SunTrust two years (April 22, 2013) to discover it didn’t have a “note” in its vault. Could it be that the note was shredded after it was uploaded into the MERS® System? At the bottom of page 2, MB Financial claimed it was in possession, either “directly or through an agent” of a “Lost Note Affidavit”, maintaining it had the right to foreclose on the mortgage.

Now we go to court … MB Financial’s attorney brought in a witness from SunTrust’s “default” department, attesting to the fact that a “Lost Note Affidavit” existed with a “copy” of the note, which contained no endorsement page. Gee, the author wonders how they got a “copy” of the Note if it was lost … Hmmm. Did anyone bother to ask why that was so? How can you negotiate a “note” if only a “copy” exists?

The bank also submitted a certified copy of the Assignment of Mortgage, assumedly drafted and executed by SunTrust to MB Financial. The trial court sustained Mr. Rao’s objection to the Lost Note Affidavit based on hearsay and refused to allow it into evidence, in addition to the admission of the Limited Power of Attorney.

The confusion begins where Mr. Rao (assumedly through his attorney) first made an oral motion for a Nonsuit and discussing with the judge the difference between a Nonsuit and a Directed Verdict, which the Court then entered on behalf of the homeowner. The Directed Verdict was later changed to a Nonsuit in favor of the homeowner after the bank filed a Post-Trial Motion. The next paragraphs … read them carefully because they contain the “nuggets”, in which the objections were sustained in favor of the homeowner.

Understand that was this entire matter was over was the differences between a nonsuit and a directed verdict and what the evidence could otherwise prove or show. Because the Trial Court precluded the Lost Note Affidavit from evidence, MB Financial couldn’t prove “possession” of the Note. But could it “prove” its case anyway if it only had a “copy”?

This is where it helps to know local court rules (or at best, state rules).

What you’re seeing in this case is the roundabout, typical argument that banks always use in getting their lost notes “re-established” to make them “stick” as evidence at trial. Why then, did it take SunTrust so long to discover it had no note? Was it because it wasn’t until after 2011 that Rao didn’t pay his mortgage loan and someone went looking for the documentation? Why did it take so long to discover the original note wasn’t part of the collateral loan file? The Superior Court ruled that as long as the witness can “provide sufficient information relating to the preparation and maintenance of the records” to justify their trustworthiness, they should be allowed into evidence as business records.

However, there is no mention of proof of the default. Since MERS was involved, the note had to have been securitized into a REMIC trust, which was commonplace during that time. The author sees no evidence of any default argument here, but rather, a business records exception argument.

Also notice that the Court declined to analyze whether the contents of the Lost Note Affidavit complied with the statutory “sufficiency requirements” and reversed and remanded the case for a new trial. That means MB Financial “gets another bite at the apple”.

And this is why we’re going to cover the affidavits per se in our upcoming workshop. The basis for creating an affidavit is personal knowledge and how and when “things” got lost, stolen, misplaced … or even created in the first place!

You can sign up for the workshop on the Clouded Titles website!

The author of this post is not an attorney and offers this constructive analysis for educational purposes only.

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THE DEBATE THAT WASN’T … IT WAS A JOKE!

(BREAKING NEWS, OP-ED) — Seriously?  From an educational standpoint, let’s talk about the word “uninterrupted” … here’s a classic example of just the opposite:

CLICK HERE TO SEE A BETTER, MUCH SHORTER VERSION OF THIS AUTHOR’S INTERPRETATION OF THE FIRST PRESIDENTIAL DEBATE

(… it’s even more entertaining!)  And you don’t have to sit through 90 minutes of a virtual clusterf**k!

Both candidates mowed over FOX News’ Chris Wallace in terms of his position as moderator.

Former Vice President Joe Biden disrespected the office of the President when he called the President a “clown” … and then claimed he “was the Democratic Party”.

That’s like Al Gore saying he invented the Internet.  If you got past the bullshit, then you must be a right-thinking American.

Trump talked as much of a blue streak during the debate as when he tweets, which has been (IMHO) his downfall during his term as President.  If this author was President, I would be “doing” instead of “ranting” on social media.  When you have proof in the pudding, take credit only when the actions can be directly attributed to you and not Congress or some other entity.

He said … he said … I did not!  Yes, you did!

Ya did so, you big fibber!

Liar! Liar! Pants on fire!

Now I know why Reagan was a much better debater than any President in office

… and he didn’t have sex with that woman, Ms. Lewinsky!

There you go again!  You’re a racist!

Flip-flop! Flip-flop! Flip-flop! Flip-flop! Flip-flop!

Fast and loose with the facts.

Cost of the Green New Deal?

Whose fault was it that 204,000+ people died of what?

Are you sure over 7-million people have been infected?  Is that just the cumulative total?

And how many of those tests that were false positive actually became part of those 7-million infected statistics?

Fox News’ Tucker Carlson, who was on prior to the start of the debate, did have guests on his program that outlined that the COVID outbreaks happened in other countries .. Spain had a harder time dealing with it, while Sweden didn’t do anything and has now recovered.  Because we quarantined everyone and shut down the economy, we’re going to pay for the mistakes Sweden didn’t make.  We can’t just keep shutting the economy down, chipping everyone with vaccines and ending peoples’ employment for the sake of skewed research.

The only straightforward answer that President Trump gave is to the very first question about his Supreme Court nominee and why he has the right to nominate her and get her in power before the election.  It is a power play.  Trump admitted he put more judges on the bench that his predecessor, who left 178 vacancies on the bench.  That is the only fact this author genuinely took note of, because those appointments may come face to face with some of America’s homeowners in foreclosure.

Again, neither side resorted to getting at the science and neither side admitted that they could do any better to stop the spread of the “alleged” pandemic if they were re-elected, given the fact Americans don’t trust the science behind the vaccine.  Six topics … and neither candidate got through each discussion without denials, head shaking and mouthing off at the other, many times talking over each other in rapid fire succession.  What’s worse … the talking heads on Fox afterwards had nothing of substance to say either that made sense of what just happened (a 90-minute waste of time on national television).   All they did was re-hash the same bullshit we all saw on stage.  It didn’t appear to this author that either candidate was hopped up on any performance enhancing drugs.  Both made this author wonder what the hell this country was going to be in for, for the next four years.  One thing former White House Press Secretary Dana Perino did say was that in all likelihood, most if not all Americans have already made up their minds who they’re going to vote for come Election Day.

And how on earth is a presidential candidate going to stop his “constituency” and those who support him from rioting in the streets if they don’t like the outcome of the election?  Biden was asked several pointed questions by Trump AND Chris Wallace and never directly gave an answer.  More denials.  President Trump should have been more prepared with facts and figures, because this author guarantees you there will be fact checking by many organizations to see who was telling the truth and who was spewing bullshit.  It was all a night of generalizations, denials and self-aggrandizement.  Nothing impressive.

Yawn!

We’ll see how the current spate of investigations into Hillary Clinton’s involvement with Putin during the 2016 Presidential election pan out.  They might not even. Then again they might.  Lying to a FISA Court Judge is a felony.  Then again, this may be just another ploy to distract us.  As you know, our government is very good at its use of weapons of mass distraction, like COVID-19.  And after watching this debate, are you seriously going to comply with taking a vaccine that may not work?

OTHER BREAKING NEWS! 

The Foreclosure Defense 101 Workshop is available for purchase on the Clouded Titles website.

For a Registration Form, click the PDF to the right: FORECLOSURE DEFENSE 101 REGISTRATION FORM

Unlike the debates, where promises are made but never kept, this workshop will give you the educational tools and research to fight.  While neither presidential candidate proposed a solid end game plan, you, the homeowner have a little time to think about where you’d like to see yourself in 2 years or less.

 

 

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FORECLOSURE “JUSTICE”? … A DAY OF RECKONING

(BREAKING NEWS, OP-ED) — The author of this post disseminates this dynamic diatribe to appease your appendages appropriately.  None of this is legal advice, only a mix of education and opinions, with some rather unique illustrations of our ever-changing system of things. 

The lack of trust in America’s justice system … 

Anyone who has kept a pulse on the tide of foreclosures that swept through America between 2009 and 2015 can easily understand where the mindset the author is about to describe is coming from.  Sadly, if you’ve ever been to a “rocket docket” in Miami-Dade County, Florida, you know exactly WHY folks have little faith in the justice system.  This author saw an entire courtroom of whining and sobbing homeowners eliminated from their properties, some getting less than a minute for their case to be heard before the gavel hit the judge’s bench.  For centuries, the gavel has represented a proclamation of a ruling and a symbol of authority by one acting in the capacity of a presiding officer.

It’s a sad state of affairs however, when a homeowner is just days away from being tossed out of their home by the sheriff and they’re in court, in front of one of these “presiding officers” without a clue as to how to defend themselves, grumbling and complaining to others about how they didn’t get “justice” because the judge wouldn’t listen.  Watching all of this “go down”, the author surmises that most of these folks were scared shitless because they’ve never been to court, some never got so much as a traffic ticket, yet they all had one thing in common … they had access to the justice system but just didn’t know HOW TO play in it.

Thus, since Americans these days are so quick to blame each other for their country’s problems, so much so they have to take to blows over a fecking parking space …

… and this author can point a finger at the efforts of the American news media (of which he unfortunately is still a member) to confuse the consuming public to carry on this type of behavior.  These two women attacked each other in a Houston Wal-Mart parking lot over who was going to get a parking space, assumedly closer to the entrance of the store.  Because Wal-Mart carries mostly Chinese-made products, the author no longer shops there.  Another reason is because the kind of tempers you see flaring here are more than likely to happen in discount shopping areas where people with little to no money that are simply trying to survive have and continue to lose all control of their emotions with even the slightest provocation.  And this same flow of emotions has sparked all-out riots in several American cities, where buildings have been burned to the ground and officers have been attacked and even killed, all because of the lack of trust in the justice system, which begins with police officers who are attempting to enforce the law.  (… and you were wondering where the author was going with this?)   If you need more of a wake-up call, WATCH THIS!

The author still tears up when he watches this … because it’s real … and it’s based on the perception of unfairness.  This perception has swept across America. This perception has negatively bled into the justice system because Americans are distraught with the idea that “fairness” even exists.  This perception didn’t start with the George Floyds of America either.  It began when people stopped paying attention to learning what the law is and instead simply focusing on their own individual comfort zones.

Oppression comes in many forms … 

These days, when police pull someone over, whether they possess even one racist thought in their brain or not, they’re being stereotyped because of perception that: (1) all cops are bad including the cop who pulled you over; and (2) it’s okay to pop a cop.  That’s an eye for an eye mentality and that’s part of the perception of what “justice” is nowadays.  But the reality is, the cops are just doing their job and enforcing the law.  Albeit, a lot of pre-screening and personality testing needs to go into who gets accepted into police academies to ensure that racist profiling is minimized based on negative stereotypical perceptions that have bled into the mainstream.  However, on the back end of the equation, when you have minorities teaching their kids not to trust cops because they’re all bad, all white cops hate black people and that cops are society’s forms of oppression, you’ve set the stage for national calamity.  This is why cops are now wearing body cameras, to protect you from unfairness and to protect them from unforeseen and unintended consequences that result from negative stereotypical behaviors.  Black people are not the only race to be harassed by cops, yet the perception tends to sway in their favor, regardless of the statistical data that there is ten times more black-on-white crime than white-on-black crime.  Again, this is the stereotypical perception that has caused a major societal upheaval.  None of this will change until people start understanding HOW the justice system works and that people of every race, creed and color have access to their day in court.  It all starts with understanding the laws that govern the behavior of America’s court systems and those who enforce the law.

When protests turn into riots, just the opposite is true.  The herd mentality turns into the mob mentality and that’s where anarchy begins.  Anarchists are diametrically opposed to both socialism and capitalism because anarchy is rooted in mob rule and total lawlessness.  That ideology in of itself, is oppressive because it forces those citizens who are peaceful and God-fearing to have to defend themselves if they want to survive.

The Black Lives Matter movement began in 2013 with the Trayvon Martin killing by George Zimmerman, who was acquitted because a Florida jury was convinced he was defending himself and used justifiable force to stop Martin’s attack on his person.  This is part of the Stand Your Ground law in Florida that many folks just don’t get because it leaves doors open for abuse.  This is why juries have to decide what the intent was of the person committing the assault and the intent of the person defending against the assault.  If the circumstances were indeed as Zimmerman portrayed them, what was he supposed to have done?  Let Martin beat him to death?  Would the black community rail against Martin for killing a white man?  Probably not.  And why is that?  Because the oppressed had the opportunity to become the oppressor and that’s allowed, right?  Martin Luther King, Jr. would be turning over in his grave at that thought.

So, we should all support the idea of breaking into stores and looting them of Gucci handbags and other high-dollar items because frankly, the oppressed have to eat, right?  If anyone gets in our way while we’re stealing merchandise, then it’s okay to beat them to a pulp too, right?  This is the mentality that is on display and the media caters to it through its play-by-play, “if it bleeds, it leads” coverage.  The author here is specifically calling out CNN (his acronym for Communist News Network) for its coverage of the various Blue State riots, where anarchy appears to be tolerated.  The question remains, how long will the average, law-abiding Citizen tolerate this before all hell breaks loose and those with arms start exercising lethal force against their oppressors without regard to the justice system and its consequences?

The “justice” that needs undoing …

Then there’s the perception of the “kangaroo court” system in this country, which many deem acts more like a star chamber inquisition, run by a bunch of control freaks who like to play God, exerting their whims over the common man and his property … a system that local sheriff’s kowtow to at the whim of a judge, potentially increasing the exposure to an already volatile liability scenario albeit misplaced due to the illicit deeds of cops who have been corrupted.  This is where the saying, “If you don’t know your rights, you don’t have any” comes to mind, because without the law and its set of rules and mandates, you cannot expect to survive in today’s courts, especially dealing with foreclosures. It’s bad enough that eviction courts are going to be back in full swing when the government finally declares the COVID-19 crisis (which in of itself is questionable) to be “over”, but the tide of foreclosures is starting to shrink back into the water like what happens when a tsunami is about to hit a shoreline.  Right now, folks allegedly in default are attempting to negotiate something with their lenders to stay put while others have capitulated and moved away.

HOW TO STEAL PEOPLE’S HOMES FOR FUN AND PROFIT!

This was a rather brusque statement was sounded out by Austin, Texas foreclosure defense attorney Bill Gammon in a meeting of attorneys that used to get together once a month to discuss case law and issues resulting from the illicit taking of area residents’ homes. Gawd … that’s the one thing this author especially misses about Austin … attending those meetings and discussing research with these learned men and women who have been fighting in the trenches trying to save homes and have had to run into the typical Texas judge’s mindset about who’s entitled to what … “Why should the homeowner get a free house?”  Mr. Gammon was referring to a meeting he attended “on the down low” where attorneys were discussing their methodologies in network fashion as to how to persuade judges to hand over the houses to their clients through by whatever means possible, including dummy paperwork (assignments), which they knew or should have known was criminal to begin with.

Most of the folks who have made the decision to fight the banks are … well … they have at least increased their odds of staying put to 50/50 instead of nothing, simply by “getting in the game”.  This is not to say that they’re wanting a free house.  They just want “justice”.  They want vindication.  They want a judge to realize (as many judges in the Southern District of New York do, especially on the state level) the illicit behaviors regarding the positioning of securitized mortgage loans and what dummy paperwork had to be created in order to make the “other side’s” foreclosure efforts look plausible to the courts.  There doesn’t seem to be much interest by law enforcement to investigate these misdeeds in 99.9% of the country, which is another reason people don’t trust the justice system.  If this bunch of DA’s only knew that most states have government codes that allow them to raise money to investigate white collar crimes, especially those embedded in California’s Government Code … and weren’t so politically motivated to stay in office, they might actually prosecute a few of these dirty paper cases.  The government codes allow counties to raise recording fees to fund “dirty paper law enforcement”. Sixty percent of those increased fees go to law enforcement’s “white collar crime” divisions, so they could do more than just bust NSF check writers, while the rest goes to the Clerk’s office to pay for the increased surveillance of the “dirty paper” (renegade assignments drafted and recorded by the banks’ servicers, with the intent to make a judge believe they’re in the right), so the court will grant them summary judgment.

One of our guest lecturers that is going to be in the Foreclosure Defense 101 Workshop is a Florida notary who has been fighting his foreclosure in the courts for over 12 years.  He’s going to describe the crap he’s had to confront in the Florida courts, including intimidation by court bailiffs, deputies and judges and the bullshit shenanigans the other side’s attorneys pulled on him, in an effort to educate you as to the potential traps contained within “the snake pit”.   If you can turn yourself into a mongoose, you’ll survive and come out ahead, at least to give yourself enough time to execute on a Plan B if all else fails.

The idea is to buy time …

You may be successful in defeating your adversary if you play your cards right.  Another mindset you may want to consider is your equity position and whether it’s worth fighting for.  This is part of your Plan B.  This is one of the reasons why we decided to put the Foreclosure Defense 101 Workshop into a 4-hour block, instead of two or three days, because there’s a lot to digest in 4 hours (let alone an even longer period) … and we’re going to give you the research to deal with this scenario in the online workshop, which you can attend in the privacy of the home you may be about to lose.  We will have more info posted soon on the Clouded Titles website, so you can sign up online and get your own private invitation to learn the tactics attorneys use to keep their clients in their homes for 2 years or more!

It doesn’t matter what happens on November 3rd.  What matters is how YOU survive and how long YOU want to play in the game while YOU execute on your exit strategy, no matter what that might be. This workshop will give you a lot of “necessary answers” and hopefully, the desired results.  Stay tuned!

 

 

 

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FORECLOSURE DEFENSE 101 WORKSHOP NEWS! UPDATE!

(BREAKING NEWS, OP-ED) — The online webinar has been slated for Saturday, October 24, 2020 from 10:00 a.m. to 2:00 p.m.  Please email cloudedtitles@gmail.com for a Registration Form. 

The latest news articles (at least 20 of which this author has read) all indicate that the COVID-19-related foreclosure crisis will more than likely affect low-to-middle income homeowners who lost their jobs, including first-time homebuyers, single women and people of color who got federally-insured mortgage loans.

Despite all of the CARES Act help and moratorium extensions by the government, conventional mortgage loans were not part of the government’s intended program to stop the tide of foreclosures that are looming in the not to distant future.  Because the crisis affected the mortgage loan servicers the worst, they are least likely to start granting en masse forbearances on mortgage loans as there’s no way they can recoup their losses fast enough.

The next game plan would seemingly call for mortgage loan modifications.  This is where homeowners can restructure their loans using money they’ve been able to acquire over the short haul in an effort to meet qualification requirement payments that the servicers will demand in order to complete the loan mod. Should these modifications not happen in droves, it will spark another massive wave of foreclosures before the end of 2020.  In this instance, it appears that the banks and their servicers are looking to the government for some sort of mitigation plan (in other words, another bailout, mitigation plan is just a nicer way of saying it).

As to the equity position some homeowners may have, restructuring could include downsizing through liquidation.  Because loan delinquencies will show up on credit reports, it will become more difficult for evicted homeowners to find places to rent through the standard screening criteria.  They will be faced with having to pay larger security deposits and higher rent because of their presumed risk having to go through back channels in order to find shelter.  In many metro areas, mortgage loan delinquencies of 30 days or more were over 10%.  This figure is very comparable to what America was facing in 2008 as over 10-million homes were foreclosed on in the years that followed.  The housing crisis we are now facing could nearly match what we experienced between 2009 and 2015.

IN FLORIDA, WE PREPARE FOR HURRICANES

There are some exceptions to the housing crisis in areas of the U.S. that have stable rent and mortgage markets.  Most of Florida and much of Texas fall into those two categories.  These two states, which this author is using as an example, have no state income tax and lower sales taxes and less restrictions on business, which makes them more desirable to those living under current “Blue State” conditions.  In many markets in Florida, residential resale inventories are declining, which seems to indicate the opinion that the 1000-people-a-day migration to the Sunshine State is impacting the crazy real estate boom.

However, a lot of homeowners who currently reside in both states are hunkering down and choosing not to liquidate, mainly because they can afford to ride out the storm, much in the same way homeowners in Florida prepare for hurricanes.  If you’ve ever been to Florida during hurricane season or have seen pictures of the parking lot that Interstate 75 turns into when those who aren’t prepared or those in low-lying areas who are forced to evacuate take to the roadways to flee the storm’s path, you can get a fraction of a glimpse of how many homeowners aren’t displaced and are going to ride out the storm because they’re prepared.  It’s just something you do when you live in Florida.  The problem is, not all homeowners have the financial ability to prepare.  Even though there are a lot of affluent folk living the dream, there are those groups of individuals and families that make up the support base (lower-paying incomes associated with health care, retail, restaurant and maintenance-related employment) are the ones taking the hardest hit in managing rent payments, which are skyrocketing beyond their ability to pay.  This is why there is a need for affordable housing in Florida, which is why this author is now building steel SIPS homes (Structural Insulated Panel System), starting around 900 square feet.  The need here for affordable housing is so great, even the news media can’t ignore it:

An affordable home that can withstand a category 5 hurricane? This builder says he has the answer | News | yoursun.com

This is what you call PLAN B … 

Having alternative plans to move to safer, more productive areas is part of why you’ll see demographic shifts of migration around the country.  When the construction industry booms in one area, workers from around the country migrate there seeking to become part of the construction labor pool.  There are all sorts of retraining programs available, if you know where to look.  America has always been resilient no matter what.  Even in light of the COVID-19 snafu, Americans are bouncing back … but unfortunately, not ALL Americans are.  It’s that 10% that make up the exception to the rule that will spark the crisis.

However, not everyone has a Plan B yet.  This is why we’re doing the Foreclosure Defense 101 Workshop.  California Attorney Al West has agreed to join me for this 4-hour webinar.  This author is also talking to others who have been able to stave off foreclosure for over 10 years, through learning HOW TO fight the mortgage loan servicers and their attorneys in court.  This of course, would be an exception to the rule.

We have made this workshop affordable and much easier to attend, as long as you have access to a computer and an email address.  This author has already addressed the types of sample forms we’re going to make available, so for the sake of redundancy, we’ll stop there.  If you or someone you know is in trouble, best to forward this post to them and/or have them email us at cloudedtitles@gmail.com for a Registration Form.   Here is the syllabus of what we’ll be sharing in the workshop:

FORECLOSURE DEFENSE 101 SYLLABUS

UPDATE:  Next week, you will be able to register to attend through our shopping cart on the Clouded Titles website

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